§ 53-11-23. Fees; creation of Carbon Dioxide Storage Fund; funding of agency expenses; deposit of monies into State General Fund
The board is authorized to adopt regulations within its jurisdiction to assess sequestration fees that shall be subject to the approval of the Legislature. Any monies collected shall be used exclusively: (i) to pay the expenses and other costs connected with administration and enforcement of this chapter and the rules, regulations and orders of the […]
§ 53-11-25. Cessation of storage operations
After cessation of injection into a geologic sequestration facility and upon application by the storage operator, the board shall be authorized to issue a certificate of completion of injection operations upon a showing by the storage operator that the reservoir is reasonably expected to retain mechanical integrity, and that carbon dioxide will reasonably remain emplaced. […]
§ 53-11-27. Release of performance bond, deposit, or other assurance of performance
The storage operator may file an application with the board for the release of the performance bond, deposit or other assurance of performance on or after the third anniversary of the date the board issued a certificate of completion for the geologic sequestration facility. An application for a release shall require a description of the […]
§ 53-11-7. Duties and powers of the board; rules and regulations; permits
The board shall have authority to regulate and promulgate rules and regulations governing geologic sequestration of carbon dioxide and underground injection wells under this chapter within reservoirs. Rules and regulations governing injection wells for geologic sequestration not regulated under the board’s authority for Class II wells shall be subject to approval of the commission to […]
§ 53-11-1. Short title
This chapter shall be known and may be cited as the “Mississippi Geologic Sequestration of Carbon Dioxide Act.”
§ 53-11-3. Legislative findings; jurisdiction
It is declared to be in the public interest for a public purpose and the policy of Mississippi that: The geologic sequestration of carbon dioxide will benefit the citizens of the state and the state’s environment. Carbon dioxide is a valuable commodity to the citizens of the state. Geologic sequestration of carbon dioxide may allow […]
§ 53-11-5. Definitions
As used in this chapter, the following terms shall have the meanings ascribed unless the context clearly indicates otherwise: “Board” means the State Oil and Gas Board created by Section 53-1-5. “Carbon dioxide” means: (i) naturally occurring carbon dioxide; (ii) geologically sourced carbon dioxide; (iii) anthropogenic carbon dioxide; or (iv) carbon dioxide stream. The term […]