Managing Long-term Liability for Geologic Storage of CO2

Background

In the past decade, much has been said about the nature and magnitude of liability for geologic storage of CO2. In response, a few governments enacted laws that assign and, in some cases, limit liability for geologic storage of CO2. Many others have not acted on the issue. The objective of this small workshop is to: review the latest findings on liability based on both research and actual project experience; re-evaluate the nature and magnitude of the problem and potential solutions; and, develop recommendations for governments that have yet to address liability for CO2 storage. Discussions will be motivated by presentations, many of which are based on recent studies performed for the IEA and GCCSI.

Effective Risk Communication and CCS: the road to success in Europe

Loftstedt Risk Communication and CCS

Attendance at the meeting is by invitation only.

Agenda IEA-GCCSI Joint Liability Workshop
- Legal Liability and Carbon Capture and Storage: A Comparative Perspective
- Executive Summary: Liability and Compensation for Damage Sites
Hotels

Day 1: Monday, 20 April

8:30

Registration

9:00

Opening Remarks

Welcome and opening remarks

IEA & GCCSI Representatives

Organization and introductions

Sean McCoy, IEA & Ian Havercroft, GCCSI

9:30

Part 1: Latest findings on risks of geologic storage and permitting experiences

Recent research findings and implications for the risks of storage

Stuart Haszeldine, University of Edinburgh

Experience in risk assessment for CO₂ storage

Jørg Aarnes, DNV GL

10:30

Coffee

Communicating risks to stakeholders

Ragnar Löfstedt, Kings College London

US experience in permitting CO₂ storage activities

Maryrose Bayer, US EPA

Discussion

12:30

Lunch

13:30

Part 2: An economics of law approach to liability

Economics of Law and the nature of risk

Michael Faure, Maastrich University

Discussion

Economic Efficiency and liability rules for geologic storage

Michael Faure, Maastrich University

Discussion

15:30

Coffee

Options for compensation & roles for government

Michael Faure, Maastrich University

Discussion

17:00

Day 1: Closing remarks

Points for further discussion and closing remarks

Sean McCoy, IEA & Ian Havercroft, GCCSI

19:30

Dinner

Day 2: Tuesday, 21 April

9:00

Day 2: Opening Remarks

A review of Day 1

Sean McCoy, IEA & Ian Havercroft, GCCSI

09:00

Part 3: Approaches and experiences to date with liability and geologic storage

A summary of case studies from around the world

Ian Havercroft, GCCSI & Richard Macrory, UCL

Alberta, Canada

Jason Toner, Alberta Energy

Discussion

10:30

Coffee

Australia

Victoria

Matthias Raab, CO2CRC

Victoria Mendes da Costa, CarbonNet

United States

Jordan Kislear, DOE

Discussion

12:30

Lunch

13:30

Part 4: Developing Recommendations

Discussion

Moderator: Richard Macrory, UCL & Ward Goldthorp, UCL

15:30

Closing Session: Trends, challenges and next steps

Next steps and closing remarks

Sean McCoy, IEA & Ian Havercroft, GCCSI