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Example

Louisiana CCS liability release regulation

Louisiana has enacted legislation to limit private liability for sequestration of captured carbon dioxide by transferring ownership of sequestered carbon dioxide to the state after 10 years (contingent on showing the reasonable expectation of future mechanical integrity). An industry-funded trust fund is thereafter used to pay for any maintenance or subsequent damages.

Documents

  • Existing Laws

    LA Rev. Stat. Ann. §§30:1110 (on trust fund)

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  • Existing Laws

    LA Rev. Stat. Ann. §§30:1109 (on liability release)

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