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!