S. 1285 · 114th Congress
Coal with Carbon Capture and Sequestration Act of 2015
- Stage
- In committee
- Sponsor
- Heidi Heitkamp
- Introduced
- 2015-05-11
- Latest action
- 2015-05-19 · Committee on Energy and Natural Resources. Hearings held.
Summary
Coal with Carbon Capture and Sequestration Act of 2015
This bill authorizes the Department of Energy to enter into 25-year binding contracts that provide price stabilization support for electricity generated at either an electric generation unit (that uses coal-based generation technology) or carbon dioxide captured from such unit and subsequently sold to a purchaser for either crude oil recovery or other commercial market purposes.