Illinois Carbon Dioxide Storage Agreement

State:
Multi-State
Control #:
US-OG-949
Format:
Word; 
Rich Text
Instant download

Description

This form is a carbon dioxide storage agreement.
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FAQ

Carbon sequestration is the process of capturing and storing atmospheric carbon dioxide. It is one method of reducing the amount of carbon dioxide in the atmosphere with the goal of reducing global climate change.

It's a three-step process, involving: capturing the carbon dioxide produced by power generation or industrial activity, such as steel or cement making; transporting it; and then storing it deep underground.

Creates the Carbon Dioxide Transport and Storage Protections Act. Provides that a sequestration operator may not exercise any authority to take or acquire any easement or title to any pore space or any portion of an area of review pursuant to the Eminent Domain Act.

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Illinois Carbon Dioxide Storage Agreement