Regulatory framework
Learn what are the arguments for why the robust regulatory frameworks are safe.
Here are key arguments for why robust regulatory frameworks are very important for the safe, effective, and sustainable deployment of CCUS technologies:
• Robust regulations are crucial for establishing safety standards and protocols throughout the CCUS value chain, from capture to transport and storage. This helps prevent accidents and protects workers and communities.
• Comprehensive regulations are needed to minimize environmental risks, such as CO2 leakage, groundwater contamination, or induced seismicity. They ensure proper site selection, monitoring, and remediation measures.
• Reglementările clare și stricte demonstrează publicului că CCUS este implementat responsabil, ceea ce poate ajuta la creșterea acceptării sociale a acestor tehnologii.
• Clear and stringent regulations demonstrate to the public that CCUS is being deployed responsibly, which can help build social acceptance for these technologies.
• Regulations clarify the allocation of long-term liability for stored CO2 and establish frameworks for risk management and remediation.
• Robust regulations mandate comprehensive monitoring, reporting, and verification (MRV) systems to track CO2 storage and detect any potential issues.
• International regulatory frameworks enable the development of transboundary CCUS projects and CO2 transport networks.
• Regulations help establish industry-wide standards and best practices for CCUS operations, improving overall efficiency and safety.
• Clear regulations on measuring and verifying CO2 storage are essential for accurate carbon accounting and crediting in emissions trading systems.
• Regulations can ensure CCUS projects align with broader sustainability goals, considering factors like land use, water resources, and biodiversity.
• Robust frameworks are needed to manage the ultra-long-term nature of CO2 storage, including post-closure monitoring and potential remediation needs.
• Well-designed regulations can encourage innovation while maintaining safety standards, helping advance CCUS technologies