HB 2419 – Kansas CCS Tax Incentive
Kansas’ HB 2419 provides for income tax reductions and abatement of property taxes applicable to the power plant and the sequestration site for a generation project that sequesters CO2.
Liability and Financial Responsibility Frameworks for Carbon Capture and Sequestration
This WRI issue brief examines liability and financial responsibility frameworks potentially applicable to CCS projects by considering existing analogs and options for mitigating the near-and long-term risks of CCS technologies.
An International Regulatory Framework for Risk Governance of Carbon Capture and Storage
This essay seeks outlines some of the key components of an international risk governance framework necessary for the widespread diffusion of CCS.
Part 2: Analysis of Property Rights Issues Related to Underground Space Used for Geologic Storage of Carbon Dioxide
This paper discusses how various states address subsurface property rights and liabilities of using underground pore space for CO2 storage and analyzes case law relating to natural gas storage as a compatible analog to these legal issues.
Cal. Code Regs. tit. 20, § 2904
Carbon dioxide that is sequestered is not included in the CO2 emissions compliance obligation for power plants.
20 Ill. Comp. Stat. Ann. 3855/1-80
Authorizes Illinois Power Agency to “develop, finance, construct, or operate” clean coal power plants and carbon sequestration facilities using Agency bonds.
20 Ill. Comp. Stat. Ann. § 687/6-5
Provides funds from a ratepayer “Renewable Energy Resources and Coal Technology Development Assistance Charge” for capturing and sequestering CO2 from coal combustion, and supporting research on CCS technology.
Ky. Rev. Stat. Ann. § 154.27-010 et seq.
The “Incentives for Energy Independence Act” provides incentives, including income and sales tax credits up to 100%, for carbon capture-ready projects.
La. Rev. Stat. Ann. § 30:4
Authorizes Department of Conservation to regulate the construction, design, and operation of pipelines transmitting CO2 to enhanced oil recovery (EOR) projects.
Minn. Stat. Ann. § 216H.03
Excludes CO2 captured and geologically sequestered for purposes of a ban on constructing power plants that contribute to state carbon dioxide emissions.