Indiana Carbon Dioxide Storage Lease (with Landowner)
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On average, 100 acres of forested lands removes 115 tons of carbon dioxide each year. How Many Trees Needed to Offset Your Carbon Emissions? 8billiontrees.com ? reduce-co2-emissions ? how-... 8billiontrees.com ? reduce-co2-emissions ? how-...
Section 14-39-2-5 - Authorization of carbon sequestration projects (a) Carbon sequestration projects are authorized in Indiana for the purposes of: (1) injecting carbon dioxide into the pore space of an underground storage facility through at least one (1) carbon dioxide injection well pursuant to a UIC Class VI permit ... Section 14-39-2-5 - Authorization of carbon sequestration ... Casetext ? statute ? article-39-carbon-dioxide Casetext ? statute ? article-39-carbon-dioxide
Carbon sequestration is the capturing, removal and storage of carbon dioxide (CO2) from the earth's atmosphere. It's recognised as a key method for removing carbon from the earth's atmosphere.
Carbon sequestration is a growing global trend in addressing emissions: in 2020, the global carbon capture and sequestration market was valued at $1.96 billion and projected to grow, ing to Fortune Business Insights.
If we relied on carbon removal alone, we would need to sequester around 20 billion tons of CO2 a year to balance out our emissions?an incredibly tall order.
The surface estate Any ownership rights to pore space that were not expressly or by implication acquired or reserved by conveyance document remain vested in the surface estate. Rights to pore space, Ind. Code § 14-39-2-3 - Casetext casetext.com ? statute ? article-39-carbon-dioxide casetext.com ? statute ? article-39-carbon-dioxide
This is illustrated in the following equation, 100,000 pounds carbon per acre ÷ 45 years = 2,222 pounds of carbon per acre per year. In other words, a carbon project that includes slash pine forests will sequester an average of 2,222 pounds of carbon per acre per year.