BILL ANALYSIS                                                                                                                                                                                                    Ó




                   Senate Appropriations Committee Fiscal Summary
                            Senator Kevin de León, Chair


          SB 34 (Calderon) - Greenhouse gas: carbon capture and storage. 
          
          Amended: April 30, 2013         Policy Vote: EQ 8-0, NR&W 8-0
          Urgency: Yes                    Mandate: No
          Hearing Date: May 13, 2013      Consultant: Marie Liu
          
          This bill meets the criteria for referral to the Suspense File.
          
          
          Bill Summary: SB 34 would require the Air Resources Board (ARB)  
          to adopt a quantification methodology for carbon capture and  
          storage (CCS) projects for geologic sequestration. This bill  
          would also require the Division of Oil, Gas, and Geothermal  
          Resources (DOGGR) within the Department of Conservation to  
          regulate the injection of carbon dioxide at an enhanced oil  
          recovery project.

          Fiscal Impact: 
              Onetime costs of $1.1 million annually from the Cost of  
              Implementation Account (COI) within the Air Pollution  
              Control Fund (special fund) for FY 2013-14 and FY 2014-15  
              for the development of a quantification methodology and  
              incorporation into the Cap and Trade regulations. 
              Ongoing costs of $1.3 million annually from the COI  
              beginning in FY 2015-16 for ARB's technical evaluation,  
              approval, and monitoring of CCS projects.
              Unknown, but at least in the hundreds of thousands of  
              dollars, from the Oil, Gas, and Geothermal Administrative  
              Fund (special fund) for DOGGR to provide monitoring and  
              oversight of CCS projects.

          Background: Carbon sequestration is a term used to describe  
          processes that concentrate carbon dioxide and store it away from  
          the atmosphere. Geologic sequestration, or CCS, involves  
          collecting and purifying carbon dioxide from large point sources  
          and injecting it below ground for storage. There are two main  
          types of CCS in California: (1) injection of carbon dioxide into  
          saline formations that do not contain oil, gas, or other  
          hydrocarbons and (2) injection of carbon dioxide into oil  
          reservoirs, specifically though the use of enhanced oil  
          recovery, which are processes used to increase production from  
          oil and gas reservoirs. Activities related to the recovery of  








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          oil and gas, including enhanced oil recovery, falls within the  
          broad authority of DOGGR.  

          Under the California Global Warming Solutions Act of 2006 (AB  
          32), the Air Resources Board (ARB) is required to adopt  
          greenhouse gas (GHG) emission reduction measures to reduce  
          statewide GHG emissions to 1990 levels. ARB is allowed to use  
          market-based mechanisms to comply with these regulations (i.e. a  
          cap and trade program).

          Existing law requires the California Public Utilities Commission  
          (PUC), in consultation with the California Energy Commission  
          (CEC) and the ARB, to establish the GHG emission performance  
          standards (EPS) which are the minimum performance requirements  
          for any long-term contract for baseload electricity generation  
          supplying power to Californian ratepayers. The EPS is required  
          to not consider carbon dioxide captured from a power plant if it  
          is permanently disposed of in a geological formation.

          Proposed Law: This bill would require the ARB to develop a  
          quantification methodology for CCS projects which can be used  
          for compliance obligations under AB 32 or the cap-and-trade  
          program by January 1, 2016. The ARB must consult with the PUC  
          and the CEC on the development of the methodology and its  
          incorporation into the EPS. The methodology must include methods  
          for enhanced oil recovery projects seeking to demonstrate  
          simultaneous sequestration of injected carbon dioxide subject to  
          specified conditions.

          This bill further requires DOGGR to regulate the injection of  
          carbon dioxide at an enhanced oil recovery project including an  
          enhanced oil recovery project seeking to demonstrate  
          simultaneous geologic sequestration of greenhouse gas once the  
          ARB adopts the quantification methodology.

          Related Legislation: SB 1139 (Rubio) 2012 was substantially  
          similar to this bill. SB 1139 was held on the Assembly  
          Appropriation Committee's suspense file.

          Staff Comments: This bill requires the ARB to develop a  
          methodology to quantify carbon dioxide that is sequestered into  
          geologic formations, which would be finalized through  
          regulation. The ARB estimates that it would require 7.1  
          positions plus $300,000 in contracted support to develop the  








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          methodology for a total of $1.2 million for 2013-14 and 2014-15.  
          Beginning in 2015-16, ARB would continue to need 7.1 positions  
          and $500,000 annually for a total of $1.7 million to start  
          implementing the methodology including technical evaluation,  
          approval, and monitoring of sequestration projects.

          DOGGR estimates that the costs of developing regulations  
          required by this bill to be absorbable. However, the monitoring  
          and oversight of such regulations are unknown, but at least in  
          the hundreds of thousands of dollars. While DOGGR is aware that  
          carbon dioxide is used in enhanced oil recovery operations, the  
          amount of carbon dioxide that is left in the formation is not  
          tracked. Also, staff notes that DOGGR will have likely have role  
          in all CCS projects, not just those involving enhanced oil  
          recovery, although this role is not fully specified in this  
          bill. These implementation costs are unknown until ARB develops  
          the required methodology. 

          The PUC and the CEC believe that their costs would be minor and  
          absorbable.