For FutureGen project locations in Illinois, the state agrees to assume all liability for sequestered carbon dioxide.
Sequestration
Property Rights
CO2 Ownership:
Illinois to take title to injected carbon dioxide from the FutureGen project
Liability During Operations:
State assumes any liabilities associated with the sequestered gas, as well as any current or future environmental benefits, marketing claims, tradable credits, emissions allocations or offsets
Long-term Stewardship
Long-term Liability:
The State of Illinois assumes any liabilities associated with the sequestered gas, as well as any current or future environmental benefits, marketing claims, tradable credits, emissions allocations or offsets.
Tax Incentive
Description:
The FutureGen project is exempt from Illinois tax on electrical generating units.
