Americas > US plans to launch carbon removals purchasing programme by year-end, as senators push reverse auction mechanism

US plans to launch carbon removals purchasing programme by year-end, as senators push reverse auction mechanism

Published 21:46 on May 12, 2023  /  Last updated at 22:22 on May 12, 2023  / /  Americas, US, Voluntary

US President Joe Biden's administration aims to expand its support for carbon removals beyond direct air capture by launching a purchasing programme covering all forms of removals by year-end, a government official told a conference this week, as a bipartisan group of senators on Friday released a bill to support such solutions through a reverse auction. 
US President Joe Biden's administration aims to expand its support for carbon removals beyond direct air capture by launching a purchasing programme covering all forms of removals by year-end, a government official told a conference this week, as a bipartisan group of senators on Friday released a bill to support such solutions through a reverse auction. 


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