Bill No.: HB0090                  Drafter:  DKG

LSO No.:  08LSO-0047              Effective Date:  7/1/2008

Enrolled Act No.:  HEA0025

Chapter No.:

Prime Sponsor:     Joint Judiciary Interim Committee

Catch Title:       Carbon capture and sequestration.

Subject:  Creates a regulatory scheme for geologic CO2 storage.

Summary/Major Elements:

· Directs the Wyoming department of environmental quality (DEQ) to develop standards for regulating long-term, geologic storage of carbon dioxide (CO2) in Wyoming under the current Underground Injection Control program.

· Provides a list of specific information that is required in permit applications for CO2 storage injection wells.

· Allows the DEQ to issue permits for pilot-scale CO2 sequestration and storage projects under current rules and regulations.

· Requires the State Oil and Gas Supervisor, State Geologist and Director of DEQ to convene a working group to develop an appropriate bonding procedure and provides a $250,000 appropriation for the working group.

· The Wyoming Oil and Gas Conservation Committee will maintain jurisdiction over commercial, non-storage activities.

· Soon, the federal environmental protection agency may pass regulations on CO2 sequestration and storage.  This bill requires the DEQ director to recommend changes to Wyoming's law to promote equivalency and consistency.

Comments:

· The working group created in the bill must report back to the Joint Judiciary and Joint Minerals, Business and Economic Development Interim Committees by September 30, 2009.

· The DEQ and Oil and Gas Conservation Commission must annually report to the Joint Judiciary and Joint Minerals, Business and Economic Development Interim Committees by November 1^st.