CO2 sequestration legislation signed into law
JACKSON — Gov. Haley Barbour has signed legislation designed to expand energy production and attract related investment and jobs in oil and natural gas production.
Senate Bill 2723 establishes standards by which the Mississippi Department of Environmental Quality and the Mississippi Oil and Gas Board will oversee and monitor geologic carbon dioxide sequestration, which is used in enhanced recovery of oil and natural gas.
“This is an important milestone for Mississippi’s energy sector,” Barbour said. “The Mississippi Power coal-fired generating plant in Kemper County will be the first commercial-scale carbon capture and sequestration project in the United States so it’s the right time to get this law on the books.”
The legislation was supported by the Mississippi Energy Policy Institute, a non-profit organization created by Barbour to explore ways to enhance the state’s energy offerings.
Source: Governor’s Office
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- A BIG CHANGE: New mortgage rules seen bringing increase in pricey mobile home loans
- Analyst: KiOR Columbus plant may end up sold as scrap
- Warden who lives hundreds of miles from jail resigns
- Jail kitchen supervisor pleads guilty to stealing food
- DAVID DALLAS: Savor this Thanksgiving and be grateful
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Hunting-weapons legislation passes House
- WILLOUGHBY: Bernie Reed cites hard work as key to success of Reed’s Metals