Legal and Policy Analysis of Carbon Capture and Storage in China

This paper focuses on relevant legal and policy arrangements necessary for the development of Carbon Capture and Storage (CCS) in China. Special attention is paid to laws and policies on the capture, transport and storage of CO2. In particular, the storage of CO2 is very challenging for the existing regulatory regime, considering the complexity and novelty of the issue. Specifically speaking, the following analysis is made from three perspectives: (1) regulatory regime; (2) fiscal and financial support and (3) environmental regulations (including access to information and public participation). Having summarized and analyzed relevant issues and international experience, this paper identified the foundation, barriers and gaps exist in China. Priority choices and targets for legal and policy development in different periods were also made according to the status quo of CCS development in China and the periods of development recommended by the Asian Development Bank.