global ccs legal and regulatory developments

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© OECD/IEA 2010 Global CCS legal and Global CCS legal and regulatory developments regulatory developments CCS: perspectives for the Southern CCS: perspectives for the Southern African region African region 31 May 2011, Johannesburg 31 May 2011, Johannesburg Justine Garrett Justine Garrett

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Global CCS legal and regulatory developments. CCS: perspectives for the Southern African region 31 May 2011, Johannesburg Justine Garrett. CCS Roadmap: an ambitious growth path for CCS. CCS Roadmap Legal and Regulatory Actions and Milestones. - PowerPoint PPT Presentation

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Page 1: Global CCS legal and regulatory developments

© OECD/IEA 2010

Global CCS legal and regulatory Global CCS legal and regulatory developmentsdevelopments

CCS: perspectives for the Southern African regionCCS: perspectives for the Southern African region31 May 2011, Johannesburg31 May 2011, JohannesburgJustine GarrettJustine Garrett

Page 2: Global CCS legal and regulatory developments

© OECD/IEA 2010

CCS Roadmap: an ambitious growth path for CCS

Page 3: Global CCS legal and regulatory developments

© OECD/IEA 2010

CCS Roadmap Legal and Regulatory Actions and Milestones Existing legal and regulatory frameworks should be

reviewed and adapted for CCS demonstration by 2011 in OECD countries and by 2015 in all countries

All countries should have a legal and regulatory framework suitable for large-scale CCS deployment by 2020

International legal issues need to be resolved by 2012

Page 4: Global CCS legal and regulatory developments

© OECD/IEA 2010

Analyses global CCS regulatory progress

Released every 6 months Contributions by national and regional

governments and international organisations

Overview of recent and expected developments

IEA analysis of key advances and trends

Edition 2 to be released May 2011

CCS Legal and Regulatory Review

Page 5: Global CCS legal and regulatory developments

© OECD/IEA 2010

Progress to date: Edition 1, October 2010

Significant progress made on legal and regulatory frameworks Australia, North America, Europe

Progress to date generally limited to OECD regionsWork starting in non-OECD countries (e.g. South Africa,

Malaysia, Vietnam) Majority of countries still lack CCS regulatory frameworks

Page 6: Global CCS legal and regulatory developments

© OECD/IEA 2010

Edition 2, May 2011

Released 27 May 2011 Progress report from around 30 jurisdictions Key developments in global CCS regulation include

Transposition of EU CCS DirectiveInternational marine treaty developmentsInternational climate change negotiationsTalking process: developing CCS regulatory frameworks

Page 7: Global CCS legal and regulatory developments

© OECD/IEA 2010

Transposition of EU CCS Directive

Momentum gathering as transposition deadline approaches

25 June 2011 deadline Transposition process on track in countries such Spain,

Romania, France, the United Kingdom, Italy, Finland and the Netherlands

European Commission enforcement powers Guidance documents

Page 8: Global CCS legal and regulatory developments

© OECD/IEA 2010

International marine treaty developments

London Protocol and OSPAR Treaty 2009 London Protocol amendment

Amendment to enable cross-border transportation of CCSRatification required by 27/40 Contracting PartiesOnly Norway has ratified to date; Dutch ratification pendingOnly 16 additional Parties with current interest in CCSConstraint on offshore storage cooperation

OSPAR2007 amendment to enable sub-seabed CO2 injectionRatification by 7 Parties required; 6 ratifications to date with 2 pendingLikely to enter into force in 2011

Page 9: Global CCS legal and regulatory developments

© OECD/IEA 2010

International climate change negotiations CCS in the CDM

6th Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol - Cancun – November/December 2011

Decided CCS eligible under the CDM, subject to resolution of certain specified issues

Next stepsSynthesis report of submissions from Parties being prepared by the UNFCCC

Secretariat (submissions closed 21 February 2011)Technical workshop with experts to be held between June and November

2011Draft modalities and procedures to be prepared by the UNFCCC Secretariat

for consideration by SBSTA in Durban, South Africa, November/December 2011

Page 10: Global CCS legal and regulatory developments

© OECD/IEA 2010

Talking process: developing CCS regulation Identify purpose for CCS framework: demonstration v.

deployment Context: understanding existing legal landscape “Gap and barrier” analysis: how do existing frameworks

match up with what future CCS legislation would aim to achieve?

Amend existing regulation or develop dedicated regulation

Review regulation to ensure fit for purpose

Page 11: Global CCS legal and regulatory developments

© OECD/IEA 2010

Talking process in the CCS Review What comes first: comprehensive CCS regulation, or CCS

demonstration? Coordinating within government “Gap and barrier” analysis Ensuring regulation is fit for purpose

Page 12: Global CCS legal and regulatory developments

© OECD/IEA 2010

IEA CCS Model Regulatory Framework Assists governments in the development of national legal

and regulatory frameworks Draws on current CCS legal and regulatory developments

in Europe, Australia, the United States, and elsewhere Proposes key principles for handling regulatory issues

associated with CCS Non-prescriptive

Page 13: Global CCS legal and regulatory developments

© OECD/IEA 2010

Where does the Model Framework fit in? Model Framework synthesises international approach to

CCS regulation Inform governments on current regulatory approaches Reference point for “gap and barrier” analysis

Identify purpose for CCS framework: demonstration v. deploymentContext: understanding existing legal landscape“Gap and barrier” analysis: how do existing frameworks match up with

what future CCS legislation would aim to achieve?Amend existing regulation or develop dedicated regulationReview regulation to ensure fit for purpose

Page 14: Global CCS legal and regulatory developments

© OECD/IEA 2010

[email protected]@iea.org

www.iea.org/ccs/legal.aspwww.iea.org/ccs/legal.asp