The South Dakota Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form) is a legally binding document that grants permission to a landowner to store carbon dioxide underground on their property. This lease and agreement is crucial for facilitating carbon capture and storage (CCS) initiatives in South Dakota. Keywords: South Dakota, subsurface, underground, carbon dioxide storage, lease and agreement, landowner, long form, carbon capture and storage, CCS initiatives. 1. Type 1: South Dakota Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form) for Private Landowners: This type of agreement is specifically designed for private landowners in South Dakota who are interested in participating in CCS projects on their land. It outlines the terms and conditions under which carbon dioxide can be stored underground, including the duration of the lease, compensation, liability, and environmental safeguards. 2. Type 2: South Dakota Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form) for State-Owned Land: This form of agreement caters to land owned by the state of South Dakota, enabling the state government to partner with carbon storage operators and maximize the utilization of state-owned land for CCS projects. It includes provisions related to compensation, land access, monitoring, and reporting obligations. 3. Type 3: South Dakota Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form) for Tribal Land: This variant of the agreement is tailored for Native American tribes in South Dakota that wish to engage in carbon storage activities on their tribal lands. It respects tribal sovereignty while establishing a framework to ensure environmental protection, community benefits, and fair compensation for the tribe. These types of agreements aim to provide a comprehensive framework to facilitate collaborations between landowners, operators, and regulatory authorities in South Dakota for the development of secure and sustainable carbon capture and storage projects.
South Dakota Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
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