WASHINGTON, Sept. 14 -- Sen. Maria Cantwell issued the following press release:
In 2023, Sen. Cantwell joined Sen. Collins in introducing the bipartisan Carbon Removal and Emissions Storage Technologies (CREST) Act, which would direct the Departments of Energy and Interior to establish new research programs and evaluate the feasibility of carbon removal and storage pathways, quantify the net impact of carbon removal solutions, and establish an innovative pilot reverse auction purchasing program to accelerate carbon removal market commercialization. The CREST Act followed the Cantwell-Collins CLEAR Act, introduced in 2009, which would set up a mechanism for selling carbon shares to fuel producers and would return most of the resulting reven...