Energy Act of 2020 (CCUS provisions)

The United States Energy Act of 2020 contains multiple provisions related to carbon capture and carbon removal. The Act includes almost USD 7 billion in authorization for various carbon management and removal programs over 5 years, including reauthorization of Fossil Energy Research and Development Programs at U.S. Department of Energy (DOE).       
 
 More specifically, the provisions include authorization for:       

- large-scale pilot projects and commercial-scale demonstrations in key sectors such as heavy industry  

- Development of large scale storage projects   

- Establishment of a carbon removal program including a direct air capture technology prize competition   

- A carbon utilization programme  

- Reforms to the U.S. Department of Energy's Loan Program to finance additional technology innovation and deployment with existing resources

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