Sec. 119.005. SALE OF CARBON DIOXIDE FOR BENEFICIAL USE. (a) The commission may sell, for enhanced oil recovery or other beneficial use, carbon dioxide that is:
(1) captured by a clean coal project; and
(2) not injected for permanent storage in a geologic formation.
(b) The commission shall deposit any proceeds from the sale of carbon dioxide under this section to the credit of the general revenue fund.
Added by Acts 2006, 79th Leg., 3rd C.S., Ch. 8 (H.B. 149), Sec. 1, eff. September 1, 2006.
Structure Texas Statutes
Subtitle D - Regulation of Specific Businesses and Occupations
Chapter 119 - Ownership of Carbon Dioxide Captured by Clean Coal Project
Section 119.002. Acquisition of Carbon Dioxide
Section 119.0025. Monitoring of Sequestered Carbon Dioxide
Section 119.003. Transfer Costs
Section 119.005. Sale of Carbon Dioxide for Beneficial Use