Summary/Abstract
This article recommends the creation of a ‘federal government corporation’ in combination with a suite of financial risk management mechanisms to ensure the deployment of carbon capture and storage technology in an efficient, safe, and environmentally balanced manner. The focus is on the development of a prospective risk management system, rather than a reactive risk assumption or allocation mechanism. The design of the proposed financial risk management framework for CCS considers lessons learned from past financial liability/indemnity models, many of which were established in reaction to immediate loss or damage.