Carbon Capture and Sequestration

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Carbon Capture and Sequestration

Removing the Legal and Regulatory Barriers

Energy and natural resources law Administrative jurisdiction and public administration Environment law

Authors: M. Granger Morgan, Sean T. McCoy

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Language: English

Published by: Routledge

Published on: 31st May 2012

Format: LCP-protected ePub

Size: 3 Mb

ISBN: 9781136293740


Introduction

The United States produces over seventy percent of all its electricity from fossil fuels and nearly fifty percent from coal alone. Worldwide, forty-one percent of all electricity is generated from coal, making it the single most important fuel source for electricity generation, followed by natural gas.

Importance of Carbon Capture and Sequestration

This means that an essential part of any portfolio for emissions reduction will be technology to capture carbon dioxide and permanently sequester it in suitable geologic formations. While many nations have incentivized development of CCS technology, large regulatory and legal barriers exist that have yet to be addressed.

Legal and Regulatory Framework

This book identifies current law and regulation that applies to geologic sequestration in the U.S., the regulatory needs to ensure that geologic sequestration is carried out safely and effectively, and barriers that current law and regulation present to timely deployment of CCS.

Barriers to Deployment

The authors find the three most significant barriers to be: an ill-defined process to access pore space in deep saline formations; a piecemeal, procedural, and static permitting system; and the lack of a clear, responsible plan to address long-term liability associated with sequestered CO2.

Legislative Recommendations

The book provides legislative options to remove these barriers and address the regulatory needs, and makes recommendations on the best options to encourage safe, effective deployment of CCS. The authors operationalize their recommendations in legislative language, which is of particular use to policymakers faced with the challenge of addressing climate change and energy.

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