“While it seems unlikely that a CCS accident or other event could result in damages that approach the levels contemplated bythe Price-Anderson Act, a similar model with more modest thresholds could encourage rapid development of the CCS industry…” (110)

On Insurance

“… it should be possible to obtain insurance that covers tort liability risks during the operational phase of a CCS project.”

While the best approach may in fact be a simple extension of existing arrangements under the UIC Program, we do not think it wise to assume this without careful consideration (73)
Timing
.....at several places in this report, we also suggest that before finalizing a U.S. regulatory framework to govern the operation of CCS, it is important to gain substantial experience from a number of commercial-scale projects(i.e., ten or more) undertaken in a variety of geological settings both here in the U.S. and around the world.

There is considerable ambiguity as to whether in the U.S. today anyone holds the right to inject CO2 into deep pore space for GS. Most of the injections of waste fluids conducted under the UIC program do not appear to have secured rights or permission from any surface or subsurface property owners......Given the very large capital investments that will be required to implement CCS, it seems doubtful that very many projects will go forward without a clear resolution of the right to use pore space for GS.

The report was prepared by the Department of Engineering and Public Policy in the College of Engineering. It reflects a lot of work by talented individuals, but remains as only one input to EFAB's considerations.