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Summary of Carbon Storage Incentives and Potential Legislation: East Sub-Basin Project

2018
Think Tank Report
Chiara Trabucchi (Industrial Economics, Incorporated)
Federal Policy/Guidance
State Policy/Guidance
Carbon Capture, Utilization and Storage → Carbon Capture and Storage
United States
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Summary/Abstract

The CarbonSAFE Illinois – East Sub-Basin project conducted a pre-feasibility assessment for commercial-scale CO2 geological storage complexes. The project aims to identify sites capable of storing more than 50 million tons of industrially-sourced CO2. To support the business development assessment of the economic viability of potential sites in the East Sub-Basin and explore conditions under which a carbon capture and storage (CCS) project therein might be revenue positive, this document provides a summary of carbon storage incentives and legislation of potential relevance to the project.

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