EU PREPARES LAW ON CARBON CAPTURE AND STORAGE SYSTEMS
October 1st, 2006
BY ALAN OSBORN
DRAFT legislation on carbon capture and storage (CCS) now being drawn up for release by the European Commission in 2007 may allow national governments in the European Union (EU) to assume responsibility for storage sites after the injection period, given the possibility of leakage and geological degradation. A working group reporting to the European Commission also says that "the use of insurance or related financial mechanisms should be further explored, as one of the options for addressing liability for leakage of CO2 from a storage site to ...
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