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LA Rev. Stat. Ann. §§30:1109

2011
Enacted Legislation
State of Louisiana
State Legislation
Carbon Capture, Utilization and Storage → Carbon Capture and Storage
United States

2 Resources:

LA Rev. Stat. Ann. §§30:1109 (on liability release)

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LA Rev. Stat. Ann. §§30:1110 (on trust fund)

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Summary/Abstract

Louisiana has enacted legislation to limit private liability for sequestration of captured carbon dioxide by transferring ownership of sequestered carbon dioxide to the state after 10 years (contingent on showing the reasonable expectation of future mechanical integrity). An industry-funded trust fund is thereafter used to pay for any maintenance or subsequent damages.

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