7.1.5 CCS Subsidies

Proposed CLEAN Future Act (2020)

A 622-page economy-wide climate bill with provisions on power, transport, buildings, financing, and more released by the House Committee on Energy and Commerce.

Clean Coal Power Initiative

Authorized to distribute $200 million for each fiscal year between 2006 and 2014 to support “clean” coal projects.

CarbonSAFE Initiative

In Phase I, $15 million went to assess the pre-feasibility of sequestration projects. In Phase II, three projects in Illinois, North Dakota, and Mississippi received $29 million to characterize the features of high potential sequestration sites.