Washington Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)

State:
Multi-State
Control #:
US-OG-1148
Format:
Word; 
Rich Text
Instant download

Description

This form is a long form subsurface underground carbon dioxide storage lease and agreement with landowner.
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  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)
  • Preview Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)

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FAQ

Biologic sequestration is when atmospheric carbon is captured by natural processes such as photosynthesis. The carbon is stored in soil, plants, and trees. The process has huge potential to combat climate change. In fact, U.S. forests offset almost 16% of annual U.S. carbon dioxide emissions.

There are clearly risks associated with CCS. The biggest concerns are the potential leakage of stored carbon and induced seismicity, which is earthquake activity caused by humans.

Ing to industry body the Global CCS Institute, CCS is 'a proven technology that has been in safe operation for over 45 years'. It adds that all components of CCS are proven technologies that have been used for decades on a commercial scale.

CCS involves capturing carbon dioxide (CO2) at emission sources, transporting and then storing or burying it in a suitable deep, underground location.

Reality: Considerable experience with the injection of CO2 for EOR, underground storage of natural gas, and continuous monitoring at several large-scale CCS injection projects around the world indicates that CO2 injection is expected to be safe.

CCS projects typically target 90 percent efficiency, meaning that 90 percent of the carbon dioxide from the power plant will be captured and stored.

So, we had to ask: What's the difference between carbon capture and carbon sequestration? Carbon capture is the trapping of carbon emissions just after they've been emitted but before they can enter our atmosphere. Carbon sequestration is the storage of removed or captured carbon in various environmental reservoirs.

Carbon capture and storage technology (CCS) takes CO2 before it is released into the atmosphere and safely stores it. While it is not today an economically viable technology, wide-scale CCS adoption could be just over the horizon.

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Washington Subsurface Underground Carbon Dioxide Storage Lease and Agreement (with Landowner, Long Form)