Washington – Wyoming Congresswoman and House Republican Conference Chair Liz Cheney issued the following statement after co-sponsoring the “Storing CO2 and Lowering Emissions” or “SCALE” Act. The bill will support the buildout of the infrastructure necessary to transport CO2 from where it is captured to where it can be utilized in manufacturing or safely and securely sequestered underground.
“Coal is a vital resource for Wyoming and for our nation. Through technological advancements that our state has championed, we know we can continue to expand its use as a clean and reliable tool to power our economy and support families. I’m proud to co-sponsor this bipartisan legislation that will help support the coal industry by advancing the availability and use of carbon capture. I will continue to fight to expand this technology in a way that benefits energy producers and protects the continued use of our state’s natural resources.”
The full text of the legislation can be read here.
Without carbon capture investments, the United States is at risk of losing innovation leadership. Governments in places like the European Union, United Kingdom, Norway, Australia, and Canada have previously announced large investments in the development of connected infrastructure to collect CO2 from multiple capture sources and delivers it to shared CO2 storage sites. The U.S. does not currently have a program or policy catalyzing investment in CO2 transport and storage infrastructure. This hinders the scale-up of carbon capture, removal, and storage of CO2 emissions.
The SCALE Act would:
- Establish the CO2 Infrastructure Finance and Innovation Act (CIFIA) program, which will provide flexible, low-interest loans for CO2 transport infrastructure projects and grants for initial excess capacity on new infrastructure to facilitate future growth. Modeled after the existing TIFIA and WIFIA programs for highway and water infrastructure, CIFIA will help facilitate private sector investment in infrastructure critical for reaching net-zero emissions. The bill also includes grants for Front-End Engineering Design (FEED) studies for CO2 transport infrastructure.
- Build upon the existing DOE CarbonSAFE program to provide cost sharing for deployment of commercial-scale saline geologic CO2 storage projects. The program would give priority to larger, commercial saline geologic storage projects that will serve as hubs for storing CO2 from multiple carbon capture facilities.
- Authorize increased funding to EPA for permitting Class VI CO2 storage wells in saline geologic formations and providing grants for states to establish their own Class VI permitting programs to ensure rigorous and efficient CO2 geologic storage site permitting.
- Provide grants to state and local governments for procuring CO2 utilization products and support state and local programs that create demand for materials, fuels, and other products made from captured carbon. The bill also adds the objective of developing standards and certifications for products that use CO2 to DOE’s carbon utilization program.
For more on the legislation, see this information from Rep. McKinley’s office.