The bill amends the Code of West Virginia to enhance the regulatory framework surrounding carbon dioxide sequestration and storage, specifically focusing on the protection of coal and oil and gas minerals. It introduces new requirements for permit applications, mandating that applicants provide evidence of notifying mineral owners and lessees about proposed carbon sequestration projects. The bill stipulates that a permit may only be issued if the interests of these mineral owners are not adversely affected, and it allows them to submit objections regarding the project's design. Additionally, the bill requires that the carbon sequestration project is designed to isolate any existing or future production from commercially valuable minerals from the carbon dioxide plume.

Furthermore, the bill outlines specific findings that the secretary must make before issuing a permit, including compliance with state and federal laws, the suitability of the storage facility, and the establishment of monitoring protocols. It also emphasizes the need for comprehensive rules regarding site characterization, well construction, and financial responsibility for the life of the sequestration project. The proposed changes aim to ensure that carbon capture practices do not negatively impact valuable mineral resources while maintaining environmental safety and public interest.

Statutes affected:
Introduced Version: 22-11B-4
Committee Substitute: 22-11B-4