Carbon Capture Industry Set for New Regulation With Illinois Law

Illinois Gov. J.B. Pritzker (D) signed into law new development and monitoring guidelines for carbon capture and sequestration projects, a move to incentivize investment in the state while propping up environmental protections.

The Safety and Aid for the Environment in Carbon Capture and Sequestration Act sets new rules around financial assurances, insurance, emergency management, and closure plans, according to a press release issued Thursday by Pritzker’s office.

Under the law, carbon capture facility owners are responsible for monitoring their sites during and after carbon sequestration to ensure that the air, soil, and water are free of pollution. Illinois is ...