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DATE OF REPORT: September 18, 2009
JURISDICTION: United States - Colorado
TYPE OF INCENTIVE: 4. Other - Utility regulators to consider benefits of CCS for EOR
CITATION: HB 08-1164
STATUS: Enacted
TIME FRAME Start: June 2, 2008
TIME FRAME End:
DESCRIPTION:
HB 08-1164 instructs the Colorado public utilities commission (PUC) to give consideration to the likelihood of new environmental regulations and the risk of higher future costs associated with the emission of greenhouse gases such as carbon dioxide when it considers utility proposals to acquire resources. Where utilities eliminate or reduce carbon dioxide emissions through the use of capture and sequestration, the commission may consider the benefits of using carbon dioxide for enhanced oil recovery for other uses.
EXPERIENCE:
LINKS AND CONTACTS: http://www.state.co.us/gov_dir/leg_dir/olls/sl2008a/sl_359.htm