S.2323 - Federal Government - A bill to provide for the conduct of carbon capture and storage technology research, development, and demonstration projects, and for other purposes.

A bill to provide for the conduct of carbon capture and storage technology research, development, and demonstration projects, and for other purposes. 11/7/2007--Introduced. Carbon Capture and Storage Technology Act of 2007 - Requires the Secretary of Energy to establish a competitive grant program to provide assistance to at least three, but not more than five, eight-year commercial demonstration projects to demonstrate the long-term effects of sequestration of carbon dioxide in deep geological formations, of which: (1) not fewer than two shall be conducted in deep saline aquifers; and (2) the remainder may be conducted in saline aquifers combined with storage in established oil or gas fields. Requires the Secretary to establish a competitive grant program to provide grants to at least three, but not more than five, commercial demonstration projects for the capture of carbon emissions from coal-fired power plants. Establishes an interagency task force composed [...]

show full description