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Carbon Capture and Sequestration Projects Benefit From Enhanced Oil Recovery

March 2013

Citation: 43 ELR 10234

Issue: 3

Author: Marc Campopiano and Tim Henderson

Carbon capture and sequestration (CCS) has long been touted as a potentially critical means for reducing greenhouse gas emissions from carbon-intense industrial sources. High costs, complex regulatory schemes, and decreasing governmental incentives, however, have hindered the widespread development of CCS projects. But a growing trend of deriving multiple revenue streams from the carbon dioxide (CO2) associated with CCS projects—particularly using captured CO2 for enhanced oil recovery—is helping to spur CCS development.

Marc Campopiano and Tim Henderson are associates at Latham & Watkins LLP

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