Greenhouse Gas Geological Sequestration Act 2008
61Details to be supplied with application
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61 Details to be supplied with application
In addition to complying with section 147, an applicant for a retention lease must submit details of—
(a) the area in respect of which the lease is sought; and
(b) the geological suitability of the underground storage formation for the permanent storage of a greenhouse gas substance; and
(c) the commercial viability of injecting and permanently storing a greenhouse gas substance in the geological formation at the time at which the application is made; and
(d) the possible future commercial viability of injecting and permanently storing a greenhouse gas substance in that geological formation.