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District of Columbia Memorandum of Subsurface Underground Carbon Dioxide Storage Lease and Agreement

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Multi-State
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US-OG-1039
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This form is a memorandum of subsurface underground carbon dioxide storage lease and agreement.

The District of Columbia Memorandum of Subsurface Underground Carbon Dioxide Storage Lease and Agreement is a legal document specifically developed to regulate the storage of carbon dioxide underground within the jurisdiction of the District of Columbia. This comprehensive agreement sets forth the terms and conditions for obtaining and maintaining a lease for subsurface storage, ensuring the safe and responsible management of carbon dioxide emissions. The primary objective of the District of Columbia Memorandum of Subsurface Underground Carbon Dioxide Storage Lease and Agreement is to facilitate the reduction of greenhouse gas emissions by providing a framework for carbon capture and storage (CCS) projects in the region. It outlines the rights and responsibilities of both the lessee (the entity seeking the storage lease) and the lessor (the District government). This agreement establishes the legal basis for the storage operation and mitigates any potential environmental and safety risks associated with underground carbon dioxide storage. The lease and agreement cover critical aspects of carbon dioxide storage, including site selection, monitoring, reporting, and liability provisions. The document defines various types of CCS leases offered by the District of Columbia, such as: 1. Public CCS Lease: This category deals with leases granted to state-owned or public entities interested in implementing carbon capture and storage projects within District-controlled lands. 2. Private CCS Lease: Designed for private entities, this lease allows companies and organizations to secure the rights to subsurface underground carbon dioxide storage within the District's jurisdiction. 3. Research CCS Lease: This type of lease is intended for academic institutions or research organizations that wish to conduct scientific experiments and studies related to subsurface carbon dioxide storage. The District of Columbia Memorandum of Subsurface Underground Carbon Dioxide Storage Lease and Agreement prioritizes safety, environmental protection, and regulatory compliance. It incorporates stringent monitoring protocols to ensure that stored carbon dioxide remains contained and does not pose a threat to groundwater or surface ecosystems. Furthermore, the agreement outlines the responsibilities of the lessee regarding reporting requirements, emergency response planning, and indemnity for any potential damages that may arise from the storage operation. By implementing this memorandum, the District of Columbia aims to actively contribute to global efforts in reducing carbon emissions and combatting climate change. It enables the exploration and utilization of subsurface underground carbon dioxide storage as an effective tool in mitigating greenhouse gas emissions, while ensuring the long-term sustainability and well-being of the region.

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CO2 is transported, stored and handled in liquid form, either at ambient temperature (in cylinders or non-insulated storage tanks at a pressure of 45-65 bar) or refrigerated (in insulated tankers and storage tanks) at temperatures between -35 °C and -15 °C and pressures of 12 to 25 bar.

Image depicting Basalt Formations in the United States. Basalts may offer a highly secure method of CO2 storage because of their potential to allow the CO2 to react with the minerals in basalt to form carbonates, thereby permanently trapping the CO2.

How can CO2 be stored underground? Compressed CO2 can be injected into porous rock formations below the Earth's surface using many of the same methods already used by the oil and gas industry. The three main types of geological storage are oil and gas reservoirs, deep saline formations, and un-minable coal beds.

Many natural geological stores of CO2 have been discovered underground (often by people looking for oil and gas). In many cases the CO2 has been there for millions of years.

Types of Carbon Sequestration Biological Carbon Sequestration. Biological carbon sequestration is the storage of carbon dioxide in vegetation such as grasslands or forests, as well as in soils and oceans. Geological Carbon Sequestration. ... Technological Carbon Sequestration.

CCS involves capturing carbon dioxide (CO2) at emission sources, transporting and then storing or burying it in a suitable deep, underground location. CCS can also mean the removal of CO2 directly or indirectly from the atmosphere.

The injection and storage of CO2 has been working safely and effectively for 45 years. In fact, With abundant underground storage resources at our disposal, storage remains the easiest and most logical CO2 mitigation solution.

Fortunately, one of the best carbon capture systems already exists: trees and forests. ing to the US Forest Service, America's forests sequester over 800 million tons of carbon a year, which is roughly 12% of the US annual emissions (depending on the year).

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This form is a memorandum of subsurface underground carbon dioxide storage lease and agreement. Related forms. Previous Next. The document specifies the obligations, rights, and responsibilities of both parties involved to ensure the safe and efficient storage of carbon dioxide.Dec 1, 2011 — Purpose: This Instruction Memorandum (IM) provides interim guidance on processing land use proposals and permit applications for exploration and ... Apr 6, 2022 — The industrial carbon dioxide is then sequestered underground.45. Offshore ... Carbon Dioxide Storage: Legal Issues in the U.S. and. Canada ... KANES FORMS CARBON USE AND STORAGE FORMS PROGRAM MASTER INDEX - Click on the link below to view a sample of any form. comprehensive US framework for leasing and regulating sub-seabed CO2 storage operations on the OCS. ... During flow in the subsurface, the carbon dioxide ... by RM Webb · 2017 · Cited by 1 — A permit must be. An easement / right-of-way must be obtained from BOEM (if the pipeline will be installed by an existing lessee within his/her ... by MA de Figueiredo · 2007 · Cited by 49 — This research examines the liability of storing CO2 in geological formations. There is a potential tortious and contractual liability ... Jun 2, 2022 — To appreciate the significance of this issue, we first have to understand the interplay between carbon sequestration and underground storage. by RL Gresham · Cited by 34 — Here we assess the economic impact if GS project developers must lease or purchase the rights to sequester CO2 in the subsurface under arrangements similar to ...

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District of Columbia Memorandum of Subsurface Underground Carbon Dioxide Storage Lease and Agreement