Summary/Abstract
The USE IT Act would:
- Amend the Clean Air Act to direct the Environmental Protection Agency (EPA) to use its existing authority to support carbon utilization and direct air capture research;
- Clarify that CCUS projects and CO2 pipelines are eligible for the permitting review process established by the FAST Act;
- Direct the Council on Environmental Quality (CEQ) to establish guidance to assist project developers and operators of CCUS facilities and CO2 pipelines;
- Establish task forces to hear input from affected stakeholders for updating and improving guidance over time; and
- Build on the FUTURE Act, bipartisan legislation – now signed into law – to extend and expand the 45Q tax credit to provide certainty to utilities and other industrial sources and incentivize the build-out of CCUS projects.