Establishes process for regulating carbon capture and storage technology in Ohio

The bill establishes a process for regulating carbon capture and storage technology in Ohio. It defines key terms such as "carbon dioxide," "carbon sequestration," and "storage facility." The Division of Oil and Gas Resources Management has exclusive authority to regulate carbon sequestration and storage facilities. Operators must obtain a UIC Class VI permit and comply with rules regarding application, monitoring, and reporting. The bill also addresses liability, property rights, and the creation of a carbon capture administrative fund.

Establishes process for regulating carbon capture and storage technology in Ohio

The bill establishes a process for regulating carbon capture and storage technology in Ohio. It defines key terms such as "carbon dioxide," "carbon sequestration," and "storage facility." The Division of Oil and Gas Resources Management has exclusive authority to regulate carbon sequestration and storage facilities. Operators must obtain a UIC Class VI permit and comply with rules regarding application, monitoring, and reporting. The bill also addresses liability, property rights, and the creation of a carbon capture administrative fund.