"OMB Reviewing Regulations on Underground CO2 Storage"

"The White House Office of Management and Budget is reviewing a proposed rule from U.S. EPA that would require carbon storage facilities to report their emissions, ensuring they are keeping the carbon dioxide they inject out of the atmosphere.

The rule, which was proposed in March and taken up for review Friday, supplements the greenhouse gas reporting rule finalized last year. It would not require the control of greenhouse gases, EPA says, but would allow the agency to gather information on the 'efficacy' of carbon injection sites for long-term CO2 storage."

Gabriel Nelson reports for Greenwire August 10, 2010.

Source: Greenwire, 08/12/2010