(L-R) Marcella Burke, partner; Granta Nakayama, partner; Michael Leslie, partner; and Elizabeth Holden, associate; all at King & Spalding. Courtesy Photos. Acquiring and Defending Carbon Storage Rights
As interest in Carbon Capture and Sequestration (CCS) increases, companies should prepare to take the appropriate legal steps to acquire storage rights through easements, surface use agreements, or otherwise; apply for permits; and trouble shoot NGO opposition.
February 11, 2022 at 06:01 PM
7 minute read
Energy
Carbon Capture and Sequestration (CCS), one form of which is known as Direct Air Capture, captures carbon dioxide (CO2) from manmade sources before CO2 is released into the atmosphere. The captured CO2 is then injected deep into the ground for permanent sequestration. In the United States, the Department of Energy estimates that the total Direct Air Capture storage capacity for CO2 is in the trillion of tons. Angela C. Jones & Ashley J. Lawson, Carbon Capture and Sequestration (CCS) in the United States, p. 12, CONGRESSIONAL RESEARCH SERVICE (Oct. 18, 2021), //sgp.fas.org/crs/misc/R44902.pdf.
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