INSIGHTSSERIES
Environmental Markets | Emissions
October 21, 2024
States Advance Regulatory Frameworks for Carbon Capture as Federal Strategy Takes Shape
Funding programs and emerging regulations support growth despite persisting opposition and legal challenges.
As carbon management grows as a critical tool for climate action, federal strategies and state legislation are evolving to promote efficient and responsible development of carbon capture projects and carbon dioxide (CO2) pipelines. However, ongoing opposition and legal challenges, particularly concerning the use of…Read the full report
Key Takeaways
- DOE's Carbon Management Strategy outlines the diverse tools and approaches needed to develop and deploy carbon management solutions through 2030.
- DOE has launched the pilot phase of its Responsible Carbon Management Initiative, outlining principles to promote safety, environmental stewardship, accountability, community engagement, and societal benefits in carbon management projects.
- Alaska, Colorado, Illinois, Alabama, and Pennsylvania are among states that have enacted significant legislation creating new procedures or regulatory frameworks for geological carbon storage.
