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Carbon Removal and Emissions Storage Technologies Act of 2023 or the CREST Act of 2023

This bill expands the current research and development programs of the Department of Energy (DOE) for capturing and storing carbon dioxide to include methods that harness natural processes, such as the removal of carbon dioxide from the atmosphere and its storage in geological, biobased, or ocean reservoirs. In addition, the bill establishes a five-year pilot program under which DOE must purchase from certain facilities carbon dioxide removed from the atmosphere or upper hydrosphere.

Senate Actions

IntroReferral
May. 11 2023	Read twice and referred to the Committee on Energy and Natural Resources. (Sponsor introductory remarks on measure: CR S1628-1629)

Library of Congress Actions

IntroReferral
May. 11 2023	Introduced in Senate

Senate bill S1576-118

CREST Act of 2023

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