Washington, D.C. — U.S. Senator Sheldon Whitehouse (D-RI), Ranking Member of the Senate Committee on Environment and Public Works (EPW), and Senator Adam Schiff (D-CA) introduced the Wildfire Reduction and Carbon Removal Act of 2025, which would reduce wildfire risk by scaling up carbon removal solutions.
Climate change is making wildfires more intense, which is causing hundreds of billions of dollars in economic losses each year, generating significant emissions, and creating a catastrophic feedback loop. While removing excess vegetation has been proven to reduce wildfire intensity, particularly in Western forests, insufficient public funding and the lack of commercial markets mean that flammable fuels are still building up to dangerous levels. Even where flammable fuels are removed, they are typically burned or landfilled, increasing overall costs and generating significant emissions.
>> In Other News: Canada Nickel Partners with NetCarb to Advance Next-Generation Carbon Sequestration Technology
The Wildfire Reduction and Carbon Removal Act would create a tax credit to incentivize biomass carbon removal and storage (BiCRS) using flammable fuels in high-risk firesheds, providing much-needed resources for adequate wildfire management, and securely storing the carbon from removed vegetation to reduce overall climate risk. Only biomass meeting region- and ecosystem-specific criteria to maximize fire reduction benefits and avoid environmental harms would be eligible for the credit.
"Climate change is making wildfires more intense and more destructive, increasingly putting lives, communities, and our entire economy at risk," said Senator Whitehouse.
"Removing the fuel for devastating wildfires while eliminating carbon pollution is a win-win for our communities and for future generations. This bill provides the ‘carrot’ to incentivize responsible management of our forests in ways that will keep harmful pollution out of our air in the short term and help prevent even more harmful polluting events like the wildfires that Californians survived earlier this year. This tax credit would be an important tool in our efforts to curb the worst impacts of the climate crisis and protect our communities from harm," said Senator Schiff.
"With wildfire season upon us, the need for sound forest management to reduce wildfire severity is clear," said Kathy Fallon, Director of Land Systems at the Clean Air Task Force, which endorsed the legislation. "This bill will provide much-needed resources to reduce wildfire hazard and scale up durable storage solutions for forest carbon."
Full text of the bill is available here, and a one-pager is available here.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏗️ Hyundai Unveils $6B Hydrogen-Powered Steel Mill in Louisiana, Aims to Position State as National Energy Leader 🤝 Deep Sky Inks Next DAC Deal in Germany with Greenlyte Carbon T...
Inside This Issue 🍁 Inside Canada’s Quiet Takeover of the Carbon Capture Industry ✈️ Phillips 66 to Supply SAF to British Airways in Calif 💧 HyVera Distributed Energy Launches Green Hydrogen-On-De...
Inside This Issue 🌍 1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase 📊 Carbon Direct Unveils First Empirical Baseline on Carbon Dioxide Removal and Environmental ...
Approval in Principle (AiP) for World's First LCO₂ / Methanol Carrier
Tokyo, June 30, 2025 - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, and Mitsui O.S.K. Lines, Ltd. (MOL) have acquired Approval in Principle (AiP)(Note1) fro...
KAIST AI Advances CO₂-Selective Material Discovery
_Korea Advanced Institute of Science and Technology_In order to help prevent the climate crisis, actively reducing already-emitted CO₂ is essential. Accordingly, direct air capture (DAC) — a techno...
Arca’s Carbon Removal Methodology Successfully Validated by DNV
Arca, a leader in carbon mineralization technology, has announced the successful validation by DNV, the independent energy expert and assurance provider, of its innovative methodology for permanent...
Massive Investment in Ascension Parish Targets Green Steel, Job Growth, and Hydrogen Infrastructure ASCENSION PARISH, La. — Hyundai has announced plans to invest $6 billion in a cutting-edge, hydr...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.