; and (B) monitoring and verification procedures for projects selected to receive a prize under the prize competition. (4) Eligible projects To be eligible to be awarded a prize under the prize competition, a project shall— (A) meet minimum performance standards set by the Secretary; (B) meet minimum levels set by the Secretary for the capture of carbon dioxide from dilute media; and (C) demonstrate in the application of the project for a prize— (i) a design for a promising carbon capture technology that will— (I) be operated on a demonstration scale; and (II) have the potential to achieve significant reduction in the level of carbon dioxide in the atmosphere; (ii) a successful bench-scale demonstration of a carbon capture technology; or (iii) an operational carbon capture technology on a commercial scale. (f) Intraagency coordination The direct air capture activities carried out under subsections (c)(1) and (e) shall be carried out in coordination with, and leveraging lessons learned from, the coal and natural gas technology program established under section 962(b)(1). (g) Accounting The Secretary shall collaborate with the Administrator of the Environmental Protection Agency and the heads of other relevant Federal agencies to develop and improve accounting frameworks and tools to accurately measure carbon removal and sequestration methods and technologies across the Federal Government. (h) Authorization of appropriations There are authorized to be appropriated to the Secretary to carry out this section— (1) $45,000,000 for fiscal year 2020, of which $15,000,000 shall be used to carry out subsection (e); (2) $31,500,000 for fiscal year 2021; (3) $33,075,000 for fiscal year 2022; (4) $34,729,000 for fiscal year 2023; and (5) $36,465,000 for fiscal year 2024. . (b) Technical amendment The table of contents for the Energy Policy Act of 2005 ( Public Law 109–58