; and (B) obtain necessary permits and approval to enable carbon dioxide storage in such geologic formations. (b) Geographic diversity The Secretary shall carry out subsection (a) with the goal of supporting development of carbon dioxide sequestration facilities that are capable of storing significant volumes of carbon dioxide at reasonable cost in each of the regions covered by the regional carbon sequestration partnerships established pursuant to section 963. (c) Application An entity seeking a grant or other appropriate financial assistance provided under this section shall submit to the Secretary an application at such time and in such manner as the Secretary may require. (d) Cost sharing The Secretary shall consider the activities described under subsection (a)(3) to be subject to the cost share requirement for demonstration and commercial application activities under section 988(c). . (b) Table of contents amendment The table of contents for the Energy Policy Act of 2005 is further amended by adding after the item relating to section 418 (as added by this Act) the following: Sec. 419. Securing geologic reservoirs for storage of carbon dioxide. . 142. Financial assistance for carbon dioxide sequestration infrastructure development (a) In general Subtitle B of title IV of the Energy Policy Act of 2005 ( 42 U.S.C. 15971 et seq.) is further amended by adding after section 419 (as added by this Act) the following new section: 420. Carbon dioxide sequestration infrastructure development (a) In general The Secretary shall establish a program to provide grants to support— (1) the development of carbon dioxide pipeline infrastructure that is necessary to support the transportation of the volumes of carbon dioxide that are expected to be captured at electricity generation facilities to appropriate sites for long term sequestration, giving priority to pipeline projects of significant length and significant throughput capacity