Indiana Governor Signs Carbon Capture Bill

In early October, Indiana Governor Eric Holcomb signed HR 1209, a bill providing regulatory structure for CCUS, into law. The bill addresses many of the issues of concern relative to CO2 storage development, including primacy, pore space ownership, unitization, permit applications, drilling near storage facilities, CO2 ownership, limitation and transfer of liability, and transportation. The bill also establishes the Carbon Dioxide Storage Facility Trust Fund, which helps offset the costs of long-term monitoring and management.

Indiana joins states like Montana, Wyoming, and North Dakota in passing CCUS legislation, which helps address regulatory uncertainty that has inhibited growth and development of the industry.

View HR Bill 1209

Read more about the bill from this article from BakerHostetler

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