東華大學圖書館 |

Language: English

Help

回圖書館首頁

手機版館藏查詢

Back

Switch To: Labeled | MARC Mode | ISBD

Geologic Carbon Dioxide Sequestratio...

Gresham, R. Lee.

Linked to FindBook

Google Book

Amazon

博客來

Geologic Carbon Dioxide Sequestration and Subsurface Property Rights: A Legal and Economic Analysis.

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Geologic Carbon Dioxide Sequestration and Subsurface Property Rights: A Legal and Economic Analysis./
Author:	Gresham, R. Lee.
Description:	272 p.
Notes:	Source: Dissertation Abstracts International, Volume: 72-02, Section: B, page: 1099.
Contained By:	Dissertation Abstracts International72-02B.
Subject:	Climate Change. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3438436
ISBN:	9781124410906

Geologic Carbon Dioxide Sequestration and Subsurface Property Rights: A Legal and Economic Analysis.
Gresham, R. Lee.

Geologic Carbon Dioxide Sequestration and Subsurface Property Rights: A Legal and Economic Analysis. - 272 p.

Source: Dissertation Abstracts International, Volume: 72-02, Section: B, page: 1099.

Thesis (Ph.D.)--Carnegie Mellon University, 2010.

Carbon dioxide emissions (CO2) from the combustion of fossil fuels must be reduced on a large scale to mitigate the effects of global climate change. Carbon capture and sequestration (CCS) has the potential to allow the continued use of fossil fuels with little or no emissions until alternative, low-to-zero emission sources of energy are more widely deployed. This thesis considers the legal and economic implications of securing the right to use geologic pore space---the microscopic space in subsurface rock matrixes---in an effort to sequester CO2 deep underground to mitigate climate change. The findings and conclusions drawn in this thesis are intended to help guide discussion, research, and decision-making processes undertaken by policymakers and industry leaders with respect to the commercial-scale deployment of CCS. Prior to the commencement of sequestration, a project developer/operator must have authorization to access and use pore space to avoid liability for subsurface trespass. This authorization can be acquired via bilateral contract, where monetary compensation is remitted to the property owner in exchange for the right to use pore space. However, the question remains open as to whether the use of pore space for geologic CO2 sequestration (GCS) is a trespass requiring compensation under the law. In fact, there is ample legal precedent in the context of underground injection activities such as enhanced hydrocarbon recovery, fluid waste disposal, and freshwater storage to support the supposition that the invasion of pore space by injected is compensable only when substantial harm or interference with an existing or non-speculative, investment-backed future use of the subsurface results from the injection of such fluids. This thesis shows that if CCS is widely deployed, the cost of electricity and power plant profitability could be adversely affected by a legal requirement that pore space owners must be compensated for GCS in all circumstances. Moreover, absent unrealistically high electricity prices or some form of sequestration subsidy, pore space has no net-positive, intrinsic economic value to electric generators that can be passed along to property owners. Therefore, while paying property owners to use of pore space for geologic CO2 sequestration may very well foster public acceptance and appease staunch private property rights advocates, there is no demonstrable legal or economic rationale for compensating property owners who have no current or non-speculative, investment-backed future use of the subsurface where pore space targeted for sequestration is located. A pragmatic and equitable solution for constraining the potential negative economic effects associated with acquiring pore space rights would be for state or federal legislatures, or courts, to limit required compensation to only those instances where the injection and migration of CO2 materially impairs current or non-speculative, investment-backed future uses of the subsurface. Future work should include a detailed analysis of takings law and the anticipated long-term constitutional and economic implications of various approaches to pore space property rights governance before new CCS-specific laws are enacted. The models presented in this thesis should also be applied to additional site-specific geologic data for saline aquifer sequestration targets. Additionally, the implications of GCS paired with enhanced oil recovery (EOR) on power plant economics should be studied.

ISBN: 9781124410906Subjects--Topical Terms:

894284
Climate Change.

Geologic Carbon Dioxide Sequestration and Subsurface Property Rights: A Legal and Economic Analysis.
LDR:04440nam 2200289 4500 001 1398892
005 20110915090259.5
008 130515s2010 ||||||||||||||||| ||eng d
020 $a 9781124410906
035 $a (UMI)AAI3438436
035 $a AAI3438436
040 $a UMI $c UMI
100 1 $a Gresham, R. Lee. $3 1677810
245 1 0 $a Geologic Carbon Dioxide Sequestration and Subsurface Property Rights: A Legal and Economic Analysis.
300 $a 272 p.
500 $a Source: Dissertation Abstracts International, Volume: 72-02, Section: B, page: 1099.
500 $a Adviser: Sean T. McCoy.
502 $a Thesis (Ph.D.)--Carnegie Mellon University, 2010.
520 $a Carbon dioxide emissions (CO2) from the combustion of fossil fuels must be reduced on a large scale to mitigate the effects of global climate change. Carbon capture and sequestration (CCS) has the potential to allow the continued use of fossil fuels with little or no emissions until alternative, low-to-zero emission sources of energy are more widely deployed. This thesis considers the legal and economic implications of securing the right to use geologic pore space---the microscopic space in subsurface rock matrixes---in an effort to sequester CO2 deep underground to mitigate climate change. The findings and conclusions drawn in this thesis are intended to help guide discussion, research, and decision-making processes undertaken by policymakers and industry leaders with respect to the commercial-scale deployment of CCS. Prior to the commencement of sequestration, a project developer/operator must have authorization to access and use pore space to avoid liability for subsurface trespass. This authorization can be acquired via bilateral contract, where monetary compensation is remitted to the property owner in exchange for the right to use pore space. However, the question remains open as to whether the use of pore space for geologic CO2 sequestration (GCS) is a trespass requiring compensation under the law. In fact, there is ample legal precedent in the context of underground injection activities such as enhanced hydrocarbon recovery, fluid waste disposal, and freshwater storage to support the supposition that the invasion of pore space by injected is compensable only when substantial harm or interference with an existing or non-speculative, investment-backed future use of the subsurface results from the injection of such fluids. This thesis shows that if CCS is widely deployed, the cost of electricity and power plant profitability could be adversely affected by a legal requirement that pore space owners must be compensated for GCS in all circumstances. Moreover, absent unrealistically high electricity prices or some form of sequestration subsidy, pore space has no net-positive, intrinsic economic value to electric generators that can be passed along to property owners. Therefore, while paying property owners to use of pore space for geologic CO2 sequestration may very well foster public acceptance and appease staunch private property rights advocates, there is no demonstrable legal or economic rationale for compensating property owners who have no current or non-speculative, investment-backed future use of the subsurface where pore space targeted for sequestration is located. A pragmatic and equitable solution for constraining the potential negative economic effects associated with acquiring pore space rights would be for state or federal legislatures, or courts, to limit required compensation to only those instances where the injection and migration of CO2 materially impairs current or non-speculative, investment-backed future uses of the subsurface. Future work should include a detailed analysis of takings law and the anticipated long-term constitutional and economic implications of various approaches to pore space property rights governance before new CCS-specific laws are enacted. The models presented in this thesis should also be applied to additional site-specific geologic data for saline aquifer sequestration targets. Additionally, the implications of GCS paired with enhanced oil recovery (EOR) on power plant economics should be studied.
590 $a School code: 0041.
650 4 $a Climate Change. $3 894284
650 4 $a Environmental Law. $3 676816
650 4 $a Engineering, Geological. $3 1035566
690 $a 0404
690 $a 0439
690 $a 0466
710 2 $a Carnegie Mellon University. $3 1018096
773 0 $t Dissertation Abstracts International $g 72-02B.
790 1 0 $a McCoy, Sean T., $e advisor
790 $a 0041
791 $a Ph.D.
792 $a 2010
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3438436