The Corporation Commission has regulatory authority for carbon sequestration in fossil fuel bearing formations. The Department of Environmental Quality has regulatory authority for geologic sequestration in all other formations.
Texas Natural Resource Conservation Commission may adopt rules for location, construction, maintenance, monitoring and operation of an offshore carbon dioxide repository
Notes:
The owner of the offshore geologic sequestration site would be the Texas School Land Board. The Board may establish the fees associated with sequestration. The Texas Bureau of Economic Geology will serve as a scientific advisor for measuring, monitoring and permanent storage verification.
Draft rules for GS accompanied by EOR issued March 26, 2010.
Draft Rule Due Date:
Varies by type of site. Study on recommended permitting process for non-hydrocarbon producing reservoirs due Dec. 1, 2010. Rules for geologic storage in connection with EOR shall be adopted by March 1, 2010. Rules for geologic storage with minimal increme
Permitting Authority:
Texas Railroad Commission
Notes:
The bill directs the Railroad commission to seek primary enforcement authority for geologic storage from the federal government. Creates anthropogenic carbon dioxide storage trust fund to cover administrative costs associated with permitting, oversight, and remedial action for geologic storage facilities.
The Department of Environmental Quality shall collaborate with the Division of Oil, Gas and Mining and the Geological Survey to draft recommended rules.
Directs the Department of Environmental Quality to specify insurance, bonding and financial assurance requirements for geologic sequestration permits, and procedures for releasing bonds or termination of insurance instruments after the administrator issues a completion and release certificate (a minimum of 10 years after injection stops).
