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The trouble with angels: carbon capture and storage hurdles and solutions
This article examines the challenges to commercial deployment of carbon capture and storage using geologic sequestration. The authors argue that CCS will never become a reality without early federal investment in research and development, a uniform federal regulatory framework, and a framework to address the currently unknown and unquantifiable liabilities. They suggest a model similar to the liability cap established for the nuclear power industry under the Atomic Energy Damage Act could address some of the questions concerning the long-term liabilities.
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