Real Estate & Property Law

CO2 Bill in Indiana

By Alan Ackerman

The owners in Indiana are deeply concerned about CO₂ sequestration on their properties.

The reality is that the CO₂ sequestration will likely serve as a temporary stop until the CO₂ is used to expand oil production in other parts of the country.

Star Press

The bill establishes procedures for approval by the Indiana Department of Natural Resources of a carbon dioxide transmission pipeline and the use of eminent domain. It also would establish a carbon dioxide transmission pipeline authorization fund.

Gard said the bill pertains to a $2.65-billion project to build a new-generation substitute natural gas plant in southern Indiana's Spencer County. Indiana coal will be used to produce the gas, essentially the same as the natural gas used to heat many Hoosier homes. But it would operate with 99-percent fewer pollutants than a traditional coal plant and capture 90 percent of its carbon dioxide emissions, a greenhouse gas, according to the governor's office.

Full post as published by National Eminent Domain Blog on January 04, 2011 (boomark / email).