Recent International Legal and Regulatory Developments in CCS
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The document discusses recent international legal and regulatory developments related to carbon capture and storage (CCS). It summarizes milestones from the IEA CCS Roadmap, including reviewing frameworks for demonstration projects by 2011/2015 and having frameworks for large-scale deployment by 2020. It also outlines progress transposing the EU Directive on Geologic Storage, inclusion of CCS in the Clean Development Mechanism, and developments in international marine treaties.
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Recent International Legal and Regulatory Developments in CCS
- 3. CCS is needed to meet emissions reduction targets Source: IEA ETP, 2010 BLUE Map Scenario
- 4. The IEA CCS Roadmap sets an ambitious growth path Source: IEA CCS Roadmap, 2009
Editor's Notes
- ETP BLUE Map is a 50% from 2007 (29 Gt) and 80% from BAU (57 Gt) reduction in 2050.
- 16 th Conference of the Parties and 6 th Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol
- Examples for the first question: Demonstration first via one-off legislation (Western Australia, Barrow Island Act, 2003) Demonstration first via adaptation of existing regulations (CO2CRC Otway Pilot Project, Victoria) Regulate first in the UK (Energy Act, 2008) with demonstration “competition” to follow In parallel in Alberta (ongoing Acid Gas Injection, Shell Quest via ERCB) with AB32 2010 and ongoing RFA.
- At current the US does not allow for any transfer or diminution of liability.
- For example: EU allows for transfer of “climate liability”; Alberta does not. Australia Commonwealth legislation extends protection from liability under “general law”; State of Victoria does not.