H.R. 4599 would require the Department of Energy (DOE), in coordination with other federal agencies, to establish a program to encourage the development of technologies that reduce greenhouse gas emissions in steel manufacturing. Under the program, DOE would develop strategic plans, support testing and validation activities, sponsor demonstration projects, and report to the Congress on program implementation.
Under current law, DOE’s general authorities allow for the activities specified in the bill, and according to the agency, the bill’s requirements are consistent with its current research and development plans. On that basis, CBO estimates that the cost to implement H.R. 4599, including any additional reporting requirements, would not be significant over the 2022-2026 period. Any spending would be subject to the availability of appropriated funds.
