How Congress funded carbon removal in FY23 appropriations – A breakdown of investments across agencies and pathways
by Vanessa Suarez & Alyson Lee on carbon180.medium.com
„Congress closed out this monumental year with a massive $1.7 trillion omnibus agreement, including $154.1 million* in annual appropriations for carbon removal. In line with Carbon180’s fiscal year 2023 (FY23) recommendations, these funds support critical priorities for advancing carbon removal including agricultural research, tree nurseries, geologic carbon storage permitting, and more. A couple of new bills were also included in this year’s spending package, including the Growing Climate Solutions Act (reinforcing the importance of advancing soil carbon research) and the SUSTAINS Act (offering private companies the opportunity to contribute funds to federal conservation programs).“