A bill to authorize the Secretary of Energy to enter into contracts to provide certain price stabilization support relating to electric generation units that use coal-based generation technology.
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.
Introduced in Senate
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
Committee on Energy and Natural Resources. Hearings held. Hearings printed: S.Hrg. 114-118.
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