PIPES Act of 2023

The PIPES Act of 2023 establishes new safety standards specifically for carbon dioxide pipelines, which are increasingly important for carbon capture and storage projects. It creates a voluntary information-sharing system that allows pipeline operators to share safety data without fear of enforcement action, fostering industry collaboration on safety improvements. The bill authorizes funding for pipeline safety programs through 2027, including resources for workforce development at the Pipeline and Hazardous Materials Safety Administration. This legislation directly affects pipeline operators, state pipeline safety programs, and federal regulators overseeing pipeline safety.