Search Results: keywords:"direct air capture"

  • S. 3615 — To require the Secretary of Energy to remove carbon dioxide directly from ambient air or seawater, and for other purposes.
    💰
    Status:Introduced in Senate
    Words:2,683

    S. 3615, titled the “Federal Carbon Dioxide Removal Leadership Act of 2024,” requires the U.S. Secretary of Energy to remove carbon dioxide directly from the air or seawater. The bill sets specific goals for the amount of CO2 to be captured each year and supports the use of...

    Simple Explanation

    The bill wants the U.S. to clean the air by taking away the bad gas (carbon dioxide) using special tools, and it hopes this will also help invent new things and create jobs. It also plans to tell people in charge how it's going and promises to manage the money needed for this job carefully.

  • S. 5369 — To amend the Internal Revenue Code of 1986 to establish a technology-neutral tax credit for increased investment in next-generation carbon dioxide removal technologies.
    💰
    Status:Introduced in Senate
    Words:4,404

    The bill, titled the "Carbon Dioxide Removal Investment Act," aims to amend the Internal Revenue Code of 1986 to create a tax credit for projects that remove carbon dioxide from the atmosphere. This tax credit is technology-neutral and applies to various approaches, such as direct air...

    Simple Explanation

    The "Carbon Dioxide Removal Investment Act" is a plan to give money back to people who build cool machines that suck up bad air from the sky, using any clever idea they can think of. It's like getting a reward for cleaning up the mess we make to keep the Earth healthy and happy!