119.005 – SALE OF CARBON DIOXIDE FOR BENEFICIAL USE. (a)
Texas Natural Resources Code § 119.005
Summary
This law allows the commission to sell carbon dioxide captured from clean coal projects for enhanced oil recovery or other beneficial uses, as long as it is not permanently stored. The proceeds from these sales are directed to the general revenue fund, impacting state funding and environmental practices.
Allows sale of captured carbon dioxide for beneficial uses.
Proceeds go to the general revenue fund.
Applies only to non-permanently stored carbon dioxide.
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In simple terms: Learn about Texas's SALE OF CARBON DIOXIDE FOR BENEFICIAL USE. (a) law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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