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1 results

  • 9 - Carbon Capture and Storage

  • from Part IV - Adopting Carbon Removal Mechanisms
  • Hao Zhang, The Chinese University of Hong Kong
  • Book:
    In Pursuit of Carbon Neutrality
    Published online:
    07 December 2023
    Print publication:
    21 December 2023, pp 165-184

  • Summary

    Chapter Nine analyses the regulations related to carbon capture and storage (CCS) in China, given its indispensable role in achieving the carbon neutrality target. It starts by elaborating on the essential components of CCS regulation, particularly risk allocation, to provide an analytical framework against which the Chinese regulatory framework for CCS is assessed. This chapter examines the current design of the legal and regulatory systems, identifies the regulatory gaps and uncertainties that hinder the implementation of CCS, and discusses the measures needed to address these gaps and uncertainties. It also explores the legal and regulatory implications of using CO2 as a resource, which has the potential to enhance the commercial viability of CCS and promote the development of the CO2 industry.