The Wyoming Judiciary Committee met yesterday to discuss two pieces of CCS legislation (previous blog entry). The two bills cover the ownership of underground carbon dioxide storage areas and the determination of which agencies should regulate carbon sequestration. Gov. Freudenthal is hopeful the legislation will get approved and make Wyoming a leader in CCS.
With regard to ownership, current Wyoming split-estate laws provide for separate ownership for the surface holder and the mineral holder. The new legislation would grant the ownership to the surface holders.
The regulatory legislation currently gives the Wyoming Oil and Gas Conservation Commission the authority to regulate sequestration. However is is not the only agency with an interest in regulating carbon sequestration -- Wyoming's Department of Environmental Quality is also seeking the right to regulate sequestration.
After a day of discussions, the Judiciary Committee decided to withhold making any decisions regarding the legislation and will take up the legislation again in January 2008.