Summary/Abstract
This paper carries out a policy review to assess the risks involved in the CCS industry and identifies uncertainties with regards to the risks that make policy making and insuring CCS projects very difficult. The paper presents a coherent understanding of the chain of events that could lead to major failures in a CCS project and quantifies the risks involved in CO2 storage using Fault Tree Analysis (FTA) and Analytical Hierarchy Process (AHP) methods. The paper argues that by doing this, it can instruct insurers as to which risks they have to take into account more so that they can minimize the financial risks by tying them down.