Overview
Bloomberg Environment quoted Hunter Johnston in a November 15 article titled "Lawmakers Battle To Keep Carbon Capture Bill in Defense Measure." The article discusses how a legislative effort to vastly expand investment in carbon capture and storage could get booted off a bill because of hesitation from the House side of Congress. The Utilizing Significant Emissions with Innovative Technologies Act, or USE IT Act, was passed in the Senate version of the 2020 National Defense Authorization Act (NDAA), but not in the House version. The two national defense bills are in conference as lawmakers negotiate a final bill to be signed by the president.
Johnston, who works with clients on potential carbon capture projects, says the possibility that the bill wouldn't be attached to the NDAA isn't surprising. "It was an opportunity to get it done, but there was always a risk to attaching a bill like that, which is not germane to" national defense, he says.
The full article can be read at Bloomberg Environment (subscription required).
