Reps. Veasey, Peters, Bustos, McKinley and Schweikert Introduce Bipartisan Bicameral Bill to Spur Technology for Carbon Capture and Utilization
WASHINGTON, D.C.– Today, U.S. Congressmen Veasey (TX-33), Peters (CA-52), , McKinley (WV-01), Schweikert (AZ-6) and Congresswoman Bustos (IL-17) introduced H.R. 1166, the Utilizing Significant Emissions with Innovative Technologies (USE IT) Act, a bipartisan, bicameral bill that supports the development and demonstration of vital carbon capture and removal technologies.Senators John Barrasso (R-WY) and Sheldon Whitehouse (D-RI) introduced an identical bill in the Senate.
The bill authorizes $35 million in competitive prize funding for direct air capture technology and allocates $50 million toward research and development of technologies that transform captured carbon dioxide into commercial products. The USE IT Act also facilitates the construction and development of carbon capture, utilization and sequestration (CCUS) infrastructure projects. The bill also promotes emerging net negative emissions technologies, particularly Direct Air Capture (DAC) technology.
“I’m proud to join my colleagues in introducing the USE IT Act, a piece of legislation that will reduce emissions and keep America leading in clean energy technology,” said Rep. Veasey. “By making these investments, we take important action on climate change while fostering new industries and creating jobs. This legislation also complements a comprehensive bipartisan bill I introduced last Spring with Rep. David McKinley that will work to create critical investments in carbon capture, carbon utilization, and methane emissions reduction technology.”
The bill is supported by the Carbon Capture Coalition, Bipartisan Policy Center Action, Carbon180, Carbon Wrangler, Clean Air Task Force, ClearPath Action, the Nature Conservancy, Third Way, the Utility Workers Union of America, and others.