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Senate panel backs $50M pilot for in‑state carbon dioxide removal projects to scale industry
Summary
SB 643 would direct CARB to purchase and permanently retire $50 million in carbon dioxide removal credits for California-based projects to accelerate deployment of direct air capture, biomass removal, enhanced mineralization and marine carbon removal.
Sen. Anna Caballero presented SB 643 to the Senate Committee on Environmental Quality, proposing a $50 million Carbon Dioxide Removal purchase pilot to accelerate in‑state deployment of CDR pathways the state's climate strategy says will be necessary to reach long-term neutrality goals.
Sen. Caballero said state scoping plans “have stated that there is no path to carbon neutrality without carbon removal,” and she asked the committee to support a targeted purchase program to help create a market and build…
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