Environmental bonds and the challenge of long-term carbon sequestration
The paper examines the use of bonding to address environmental problems and looks at its possible application to CCS projects.
Pore space ownership issues for CO2 sequestration in the U.S.
This paper reviews a broad range of case law relevant to subsurface property rights and carbon dioxide sequestration and finds that U.S. state courts' application of basic common law principles is in fact consistent across all jurisdictions examined.
La. Rev. Stat. Ann. § 30:1101 et seq
This is the “Louisiana Geologic Sequestration of Carbon Dioxide Act" that authorizes the Commissioner of Conservation to regulate carbon storage through rules and regulations and provides various directions for the Commissioner.
La. Rev. Stat. Ann. § 633.4
Provides a 50% tax reduction on enhanced oil recovery (EOR) projects that use anthropogenic carbon dioxide.
Mont. Code Ann. § 82-11-183
Authorizes Board to issue completion certificates to wells that have completed injection of CO2.
Mont. Code Ann. 82-11-184
Allows for conversion of enhanced oil recovery (EOR) well to CO2 storage well.
N.D. Cent. Code § 38-22-01 et seq.
The “Carbon Dioxide and Underground Storage” law's policy declaration says that it is in the interest of North Dakota to promote geologic storage of carbon dioxide, while the law also provides for permitting procedures, fees, and penalties.
Tex. Nat. Res. Code Ann. § 121.001 et seq.
Provides rules for ownership of CO2 stored in geologic formations and creates a trust fund funded through fees paid by CO2 storage facility operators, used for monitoring, remediation, enforcement and other activities related to geologic CO2 storage.