The Massachusetts Carbon Dioxide Storage Agreement is a legally binding agreement aimed at promoting the safe and efficient storage of carbon dioxide (CO2) emissions within the state of Massachusetts. This agreement is part of the state's broader efforts to combat climate change, reduce greenhouse gas emissions, and transition towards a low-carbon economy. The Massachusetts Carbon Dioxide Storage Agreement includes provisions that govern the capture, transportation, and storage of CO2 in Massachusetts. It ensures that storage sites adhere to strict environmental and safety standards, preventing any potential risks to public health or the environment. The agreement also establishes monitoring and reporting requirements to track the CO2 storage activities accurately. There are different types of Massachusetts Carbon Dioxide Storage Agreements that cater to various sectors and carbon capture technologies. These can include: 1. Industrial Carbon Dioxide Storage Agreements: These agreements involve industries and manufacturers with significant carbon emissions, such as power plants, oil refineries, and cement production facilities. They outline the terms and conditions for capturing and storing CO2 from these industrial sources. 2. Agricultural Carbon Dioxide Storage Agreements: These agreements primarily focus on carbon capture and sequestration in agricultural practices, such as soil management techniques, afforestation, and sustainable farming practices. They encourage the adoption of agricultural practices that enhance carbon storage potential on farms and ranches. 3. Transportation Carbon Dioxide Storage Agreements: In the transportation sector, agreements may be formed with entities such as public transportation authorities, freight companies, and fleet operators. These agreements aim to promote the use of carbon capture technologies in vehicles or the establishment of infrastructure for the efficient transportation and storage of captured CO2. 4. Research and Development Carbon Dioxide Storage Agreements: Massachusetts recognizes the importance of innovation and invests in research and development initiatives related to CO2 storage technologies. Agreements in this category focus on fostering collaboration between academic institutions, technology developers, and businesses to advance carbon capture and storage methods. The Massachusetts Carbon Dioxide Storage Agreement plays a vital role in creating a regulatory framework that promotes the widespread adoption of carbon capture and storage technologies. By encouraging industries, agriculture, transportation, and research sectors to participate, Massachusetts aims to achieve significant reductions in greenhouse gas emissions, contribute to global climate change mitigation efforts, and foster economic growth through the development of clean energy solutions.
Massachusetts Carbon Dioxide Storage Agreement
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This Act ensures a permanent storage of CO2 in underground rock layers in a way that protects humanity and the environment and takes the responsibility for future generations into consideration.
The law, which was enacted in March, strengthens the state's targets by requiring it to achieve net-zero emissions by 2050, along with interim goals every ten years (50 percent emissions reductions by 2030 and 75 percent by 2040).
CO2 is transported, stored and handled in liquid form, either at ambient temperature (in cylinders or non-insulated storage tanks at a pressure of 45-65 bar) or refrigerated (in insulated tankers and storage tanks) at temperatures between -35 °C and -15 °C and pressures of 12 to 25 bar.
Creates the Underground Carbon Dioxide Storage Act. Provides that the Act applies to the underground storage of carbon dioxide but does not apply to extractable mineral resources, and the rights and requirements of the Act are subordinate to the rights pertaining to oil, gas, and coal resources.
EEA has developed a roadmap to 2050 that identifies the strategies, policies, and implementation pathways for MA to achieve at least 85% GHG reductions by 2050, including multiple pathways to net-zero emissions.
The 2050 CECP highlights a broad suite of specific goals, strategies, policies, and actions to reduce statewide gross GHG emissions by at least 85% below the 1990 baseline level, and conserve and enhance carbon sequestration on natural and working lands to help achieve Net Zero in 2050.
Usually the CO2 is captured from large point sources, such as a chemical plant or biomass plant, and then stored in an underground geological formation. The aim is to reduce greenhouse gas emissions and thus mitigate climate change.
How can CO2 be stored underground? Compressed CO2 can be injected into porous rock formations below the Earth's surface using many of the same methods already used by the oil and gas industry. The three main types of geological storage are oil and gas reservoirs, deep saline formations, and un-minable coal beds.