Recent International Legal and Regulatory Developments in CCS
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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
Notas del editor
- 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.