As carbon capture and sequestration enter the mainstream, governments and developers grapple with the long-term liability for sequestered carbon. A multi-tiered framework with public–private sharing of risk can help promote the safe and timely deployment of this vital decarbonization technology.
This is a preview of subscription content, access via your institution
Access options
Access Nature and 54 other Nature Portfolio journals
Get Nature+, our best-value online-access subscription
$29.99 / 30 days
cancel any time
Subscribe to this journal
Receive 12 digital issues and online access to articles
$119.00 per year
only $9.92 per issue
Buy this article
- Purchase on Springer Link
- Instant access to full article PDF
Prices may be subject to local taxes which are calculated during checkout
References
Pacala, S. & Socolow, R. Science 305, 968–972 (2004).
World Energy Transitions Outlook 2023: 1.5°C Pathway (International Renewable Energy Agency, 2023).
Chiavazzo, E. Nat. Sustain. 6, 483–484 (2023).
Legal and Regulatory Frameworks for CCUS (International Energy Agency, 2022).
Global Status of CCS 2023: Scaling Up Through 2030 (Global CCS Institute, 2023).
Bourzac, K. Nature 550, S66–S69 (2017).
Federal Requirements Under the Underground Injection Control Program for Carbon Dioxide Geologic Sequestration Wells. 75 FR 77230 (Environmental Protection Agency, 2010).
Carbon Capture and Sequestration Protocol Under the Low Carbon Fuel Standard (California Air Resources Board, 2018).
Indiana Code § 14-39-2-13; Montana Code § 82-11-183; Nebraska Revised Statutes § 57-1619; North Dakota Century Code § 38-22-17; Utah Code § 40-11-16; West Virginia Code § 22-11B-12; Wyoming Statutes § 35-11-319.
Marshall, J. Am. Econ. Rev. 66, 880–890 (1976).
Mazuzan, G. T. & Walker, J. S. Controlling the Atom: The Beginnings of Nuclear Regulation, 1946-1962 (Nuclear Regulatory Commission, 1984).
United States Code: Title 42, § 2210.
Nuclear Power’s Role in Generating Electricity (Congress of the United States Congressional Budget Office, 2008).
Energy Information Administration. Electric Power Monthly March 2009 (US Department of Energy, 2009); https://www.eia.gov/electricity/monthly/archive/pdf/02260903.pdf
Bolinger, M. et al. PTC, ITC, or Cash Grant? An Analysis of the Choice Facing Renewable Power Projects in the United States (National Renewable Energy Laboratory, 2009).
Butler, H. N. & Macey, J. R. Yale Law Policy Rev. 14, 23 (1996).
Coglianese, C. & Mendelson, W. in The Oxford Handbook on Regulation (eds Baldwin, R., Cave, M. & Lodge, M.) 146–168 (Oxford University Press, 2010).
Author information
Authors and Affiliations
Corresponding author
Ethics declarations
Competing interests
The author declares no competing interests.
Peer review
Peer review information
Nature Sustainability thanks Eliodoro Chiavazzo, Tor Håkon Inderberg and the other, anonymous, reviewer(s) for their contribution to the peer review of this work.
Rights and permissions
About this article
Cite this article
Mormann, F. Public–private sharing of carbon sequestration risk. Nat Sustain (2024). https://doi.org/10.1038/s41893-024-01337-3
Published:
DOI: https://doi.org/10.1038/s41893-024-01337-3
