Abstract

This article examines the legal issues that arise when negotiating carbon offtake and transportation agreements as key tools for ensuring the viability of Carbon Capture Utilization and Storage (CCUS) projects. The contractual arrangements help to identify relevant project risks and address barriers to firm commitments from potential developers, financiers, and investors in carbon capture technology applications. The discussion highlights the implications of emerging policy and regulatory measures in the US such as (a) tax credits for carbon sequestration and utilization under Section ...