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S. 2776

BillFederalSenateIn Committee
Ten in Ten Act
About This Bill
Committee
Latest Action · August 1, 2014
Read twice and referred to the Committee on Energy and Natural Resources.
Introduced
August 1, 2014
Cosponsors (0)
None
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Summary

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Ten in Ten Act - Establishes in the Treasury a Carbon Capture and Sequestration Deployment Acceleration Fund to be administered by the Department of Energy for promoting the establishment of at least 10 commercial-scale carbon capture and sequestration units in the next 10 years. (Carbon capture and sequestration is a three-step process: the capture, transport, and underground injection and geologic storage of carbon dioxide.) Includes as eligible projects carbon capture and sequestration units that are designed for: (1) new, retrofitted, or upgraded coal-fired power plants; and (2) certain nonmodular power plants using integrated gasification combined cycle technology.

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