Funding for Carbon Capture and Sequestration (CCS) at DOE: In Brief [May 26, 2016] [open pdf - 486KB]
From the introduction: "Carbon capture and sequestration (or storage)--known as CCS--is a physical process that involves capturing man-made carbon dioxide (CO2) at its source and storing it before its release to the atmosphere. CCS could reduce the amount of CO2 emitted to the atmosphere from the continued use of fossil fuels at power plants and other large, industrial facilities. An integrated CCS system would include three main steps: (1) capturing CO2 before it is emitted to the atmosphere and separating it from other gases; (2) purifying, compressing, and transporting the captured CO2 to the sequestration site; and (3) injecting the CO2 into subsurface geological reservoirs. Following its injection into a subsurface reservoir, the CO2 would need to be monitored for leakage and to verify that it remains in the target geological reservoir. Once injection operations cease, a responsible party would need to take title to the injected CO2 and ensure that it stays underground in perpetuity. The U.S. Department of Energy (DOE) has pursued research and development (R&D) [Research and Development] of aspects of the three main steps leading to an integrated CCS system since 1997. Congress has long been interested in the future of CCS as a mitigation strategy for lowering global emissions of CO2. Since FY2008, Congress has appropriated more than $7 billion for CCS activities at DOE. Nearly half that funding, $3.4 billion, came from the American Recovery and Reinvestment Act (P.L. 111-5; enacted February 17, 2009; hereinafter referred to as the Recovery Act). Authority to expend Recovery Act funding expired at the end of FY2015 [Fiscal Year]."
CRS Report for Congress, R44472
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html