The Energy Act 2008
The UK Energy Act establishes a high-level framework for the regulation of offshore CO2 sequestration activities (activities in the United Kingdom territorial sea and other specifically designated waters). In this context, the Act provides for much of the detail of this framework to be elaborated in regulations made under the Act (see associated instruments). For this purpose, the UK Energy Act includes guidance on the key issues to be addressed in such regulations, including for the purposes of licensing, site operation and closure, any transfer of liability, and financial contributions to long term stewardship.
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