Document ID: chunk:federal_register_of_legislation:F2021L01379:reg:7
Version: federal_register_of_legislation:F2021L01379
Segment Type: reg
Provision Reference: reg 7
Character Range: 13853–15121

7  Carbon capture and storage projects
 (1) For paragraph 106(1)(a) of the Act, this determination applies to an offsets project that:
 (a) captures, from one or more capture points, greenhouse gases that would otherwise be released into the atmosphere; and
 (b) transports the greenhouse gases to one or more storage sites; and
 (c) injects the greenhouse gases into a storage site, at one or more injection points, so that they are permanently stored in the storage site or any part of it; and
 (d) could reasonably be expected to result in eligible carbon abatement.
 (2) A project covered by subsection (1) is a carbon capture and storage project for the purposes of this determination.
 (3) To avoid doubt, neither of the following is a carbon capture and storage project:
 (a) a project that involves or includes the injection of greenhouse gases into a storage site which has the effect of enhanced oil, gas or hydrocarbon recovery;
 (b) a project that involves direct air capture and storage (that is, the capture from the atmosphere of greenhouse gases that would otherwise reside in the atmosphere and the injection of those greenhouse gases into, or their storage in, an underground geological formation, reservoir or site).

Part 3—Project requirements