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Alberta's new carbon capture and storage legislation
Author(s) -
Bankes Nigel D.
Publication year - 2011
Publication title -
greenhouse gases: science and technology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.45
H-Index - 32
ISSN - 2152-3878
DOI - 10.1002/ghg.14
Subject(s) - legislation , closure (psychology) , liability , business , carbon capture and storage (timeline) , law and economics , law , political science , finance , economics , ecology , climate change , biology
The province of Alberta, Canada, is well placed to take a leadership role in the development of commercial‐scale carbon capture and storage (CCS) projects. As part of a series of initiatives to encourage CCS projects, the Province passed legislation in the fall of 2010 to clarify issues relating to pore space ownership, to put in place a system whereby a CCS operator can acquire disposal rights, to provide for the transfer to the state of liability for CCS projects post‐closure, and to deal with certain regulatory matters including the issuance of closure certificates. This perspective describes and analyzes the legislation and identifies some further steps that need to be taken to complete the legal and regulatory regime. © 2011 Society of Chemical Industry and John Wiley & Sons, Ltd