Carbon Capture and Sequestration: Removing the Legal and Regulatory Barriers

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Routledge, 2012 - Business & Economics - 274 pages
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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. 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. 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. 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. 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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Contents

1 The Importance of Carbon Capture and Geologic Sequestration in a Carbon Constrained World
1
2 Technology for Carbon Capture and Geologic Sequestration
12
3 Siting CO2 Pipelines for Geologic Sequestration
47
4 Permitting Geologic Sequestration Sites
63
5 Learning from and Adapting to Changes in Geologic Sequestration Technology
80
6 Access to Pore Space for Geologic Sequestration
91
7 Liability and the Management of LongTerm Stewardship
126
8 Greenhouse Gas Accounting for CCS
140
9 Making CCS a Reality
166
10 Conclusions and Recommendations
182
A Draft Bill for US Congress
189
Notes
242
Index
271
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About the author (2012)

M. Granger Morgan is Professor and Head of the Department of Engineering and Public Policy at Carnegie Mellon University. His research addresses problems in science, technology, and public policy in which the technical details and uncertainty are of central importance. He is a member of the National Academy of Sciences, and a Fellow of the AAAS, the IEEE, and the SRA. He holds degrees from Harvard (BS), Cornell (MS), and UCSD (PhD, applied physics).

Sean T. McCoy is an Adjunct Assistant Professor at the Department of Engineering and Public Policy at Carnegie Mellon University, and an Energy Analyst at the International Energy Agency. The focus of Sean s research is the interaction between regulation, energy technologies, and energy resources. Sean holds a Ph.D. in Engineering and Public Policy from Carnegie Mellon University and a BASc from the University of Waterloo in Environmental Engineering (Chemical Specialization).

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