Colorado Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)

State:
Multi-State
Control #:
US-OG-1148
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Word; 
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This form is a long form subsurface underground carbon dioxide storage lease and agreement with landowner.
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  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)

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FAQ

CCS projects typically target 90 percent efficiency, meaning that 90 percent of the carbon dioxide from the power plant will be captured and stored.

Forests. Forests and woodlands are considered one of the best forms of natural carbon sequestration. CO2 binds to plants during photosynthesis, exchanging it for oxygen as a purifying emission.

CCS IS NOT A VIABLE CLIMATE SOLUTION CCS has not been trialled and tested ? anywhere in the world ? at the scale required to tackle the climate crisis. When attached to fossil fuel developments ? like coal, oil and gas ? CCS is not a climate solution, as digging up and burning fossil fuels only adds to the problem.

In general, the technology is highly energy inefficient and generates its own emissions. Due to the high energy needs of the process and the significant infrastructure buildout required, CCS is one of the most expensive emissions reduction measures (IPCC, 2022).

Carbon capture and storage technology (CCS) takes CO2 before it is released into the atmosphere and safely stores it. While it is not today an economically viable technology, wide-scale CCS adoption could be just over the horizon.

Reality: Considerable experience with the injection of CO2 for EOR, underground storage of natural gas, and continuous monitoring at several large-scale CCS injection projects around the world indicates that CO2 injection is expected to be safe.

In short, carbon capture is not the same thing as carbon sequestration. Carbon capture is the trapping of carbon emissions after they have been emitted but before they enter our atmosphere. Carbon sequestration is the storage of removed or captured carbon in various environmental reservoirs.

CCS involves capturing carbon dioxide (CO2) at emission sources, transporting and then storing or burying it in a suitable deep, underground location.

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Colorado Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)