The Carbon Curve: Carbon removal policy wins in the Inflation Reduction Act and beyond

by Na’im Merchant, 35 min

In Episode 7 of „The Carbon Curve“, Na’im Merchant speaks to Dr. Meron Tesfaye and Dr. Danny Broberg from the Bipartisan Policy Center.

„This week, President Biden signed the Inflation Reduction Act, which has been called the most consequential climate bill in history. Among other things, it makes a $369 billion investment in reducing carbon emissions and lowering energy costs, putting America closer to reaching the climate goals set by the current administration. It also has provisions that affect the carbon removal sector directly – expanding much-needed incentives that will grow the CDR industry, and position the US as a leader in this rapidly growing field.“

In this episode, following topics were discussed:

• Carbon removal in The Inflation Reduction Act
• The CHIPS Act’s funding for carbon removal research, development, and deployment
• Government procurement of carbon removal proposed in the Federal Carbon Dioxide Removal Leadership Act (CDRLA) and the Carbon Removal and Emissions Storage Technologies (CREST) Act
• The DAC Hubs Program as part of the Bipartisan Infrastructure Law
• The Growing Climate Solutions Act, REMOVE Act, and SCALE Act
• Policy priorities for carbon removal going forward

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