In the US Congress, a series of pending bills that enhance 45Q, along with the SCALE Act, would enable the decarbonization of industrial facilities, power plants, transportation fuels, and catalyze the removal of CO2 directly from the atmosphere. The vital provisions in these bipartisan bills are mirrored in the carbon management priorities included in President Biden’s American Jobs Plan, which is the largest ever proposed investment in carbon capture commercialization put forward by a single government.
Together, these provisions could grow US carbon management capacity 13-fold by the mid-2030s, reducing the cost of these technologies and making them available for global deployment. This will bolster the US to become a global climate tech leader while creating hundreds of thousands of American manufacturing jobs across the US, utilizing the existing skills sets of our labor force. The factsheet outlines the different bills.