CARBON UTILIZATION PROGRAM.

SEC. 40302. CARBON UTILIZATION PROGRAM. Section 969A of the Energy Policy Act of 2005 (42 U.S.C. 16298a) is amended— (1) in subsection (a)— (A) by redesignating paragraphs (3) and (4) as paragraphs (4) and (5), respectively; and (B) by inserting after paragraph (2) the following: “(3) to develop or obtain, in coordination with other applicable Federal agencies and standard-setting organizations, standards and certifications, as appropriate, to facilitate the commercialization of the products and technologies described in paragraph (2);” ; (2) in subsection (b)— (A) by redesignating paragraph (2) as paragraph (3); (B) by inserting after paragraph (1) the following: “(2) Grant program.— “(A) In general.—Not later than 1 year after the date of enactment of the Infrastructure Investment and Jobs Act, the Secretary shall establish a program to provide grants to eligible entities to use in accordance with subparagraph (D). “(B) Eligible entities.—To be eligible to receive a grant under this paragraph, an entity shall be— “(i) a State; “(ii) a unit of local government; or “(iii) a public utility or agency. “(C) Applications.—Eligible entities desiring a grant under this paragraph shall submit to the Secretary an application at such time, in such manner, and containing such information as the Secretary determines to be appropriate. “(D) Use of funds.—An eligible entity shall use a grant received under this paragraph to procure and use commercial or industrial products that— “(i) use or are derived from anthropogenic carbon oxides; and “(ii) demonstrate significant net reductions in lifecycle greenhouse gas emissions compared to incumbent technologies, processes, and products.” ; and (C) in paragraph (3) (as so redesignated), by striking “paragraph (1)” and inserting “this subsection”; and (3) by striking subsection (d) and inserting the following: “(d) Authorization of Appropriations.—There are authorized to be appropriated to the Secretary to carry out this section— “(1) $41,000,000 for fiscal year 2022; “(2) $65,250,000 for fiscal year 2023; “(3) $66,562,500 for fiscal year 2024; “(4) $67,940,625 for fiscal year 2025; and “(5) $69,387,656 for fiscal year 2026.” .