BPC’s DAC Advisory Council Sets Policy Framework for Reaching Commercial Scale
Washington, DC – In anticipation of the first federal grant awards for the direct air capture (DAC) Hubs set to be announced, the Bipartisan Policy Center’s DAC Advisory Council released a new federal policy agenda, designed to address the unique challenges the nascent industry will face over the coming decade.
The policy framework, A Federal Policy Agenda to Support DAC Scale-up This Decade, identifies three focus areas necessary to drive successful deployment of DAC technology at-scale:
- Supporting the full research, development, demonstration, and deployment (RDD&D) lifecycle of DAC
- Long-term revenue certainty
- Enabling carbon management infrastructure
“We’re about to launch a whole new industry in the United States that will play a crucial role in addressing climate change and has bipartisan support,” said Xan Fishman, BPC director of energy policy and carbon management. “These new DAC Hubs are so exciting because we’re finally ready to begin building at scale. But that doesn’t mean it’s all clear sailing ahead. Our new policy agenda makes clear that there is still more policy support necessary to allow DAC to reach its full potential as a climate solution and realize the economic benefits it can provide.”
The forthcoming DAC Hubs will serve as the largest investment in DAC to date. To reach the ambitious carbon dioxide removal capacity targets set by the Biden administration, additional federal support and regulatory clarity will be essential to achieving commercial-scale deployment.