Carbon storage validation and testing

In this section: The term “large-scale carbon sequestration” means a scale that— The term “program” means the program established under subsection (b)(1). The Secretary shall establish a program of research, development, demonstration, and commercialization for carbon storage. Activities under the program shall include— developing monitoring tools, modeling of geologic formations, and analyses— researching— In carrying out research activities under this subsection, the Secretary shall consider a variety of candidate onshore and offshore geologic settings, including— The Secretary shall establish a demonstration program under which the Secretary shall provide funding for demonstration projects to collect and validate information on the cost and feasibility of commercial deployment of large-scale carbon sequestration technologies. In carrying out paragraph (1), the Secretary may provide additional funding to regional carbon sequestration partnerships that are carrying out or have completed a large-scale carbon sequestration demonstration project under this section (as in effect on the day before December 27, 2020) for additional work on that project. Each demonstration project carried out under this subsection shall include longitudinal tests involving carbon dioxide injection and monitoring, mitigation, and verification operations. The National Energy Technology Laboratory shall act as a clearinghouse of shared information and resources for— Not later than 1 year after December 27, 2020, the Secretary shall submit to the Committee on Energy and Natural Resources of the Senate and the Committee on Science, Space, and Technology of the House of Representatives a report that— The Secretary may transition large-scale carbon sequestration demonstration projects under subsection (c) into integrated commercial storage complexes. The goals and objectives of the Secretary in seeking to transition large-scale carbon sequestration demonstration projects into integrated commercial storage complexes under paragraph (1) shall be— The Secretary shall establish a commercialization program under which the Secretary shall provide funding for the development of new or expanded commercial large-scale carbon sequestration projects and associated carbon dioxide transport infrastructure, including funding for the feasibility, site characterization, permitting, and construction stages of project development. To be eligible to enter into an agreement with the Secretary for funding under paragraph (1), an entity shall submit to the Secretary an application at such time, in such manner, and containing such information as the Secretary determines to be appropriate. The Secretary shall establish an application process that, to the maximum extent practicable— In selecting projects for funding under paragraph (1), the Secretary shall give priority to— In making competitive awards under this section, subject to the requirements of section 16353 of this title, the Secretary shall— Activities carried out under this section shall be subject to the cost-sharing requirements of section 16352 of this title. There is authorized to be appropriated to the Secretary to carry out this section $2,500,000,000 for the period of fiscal years 2022 through 2026.