Page:United States Statutes at Large Volume 121.djvu/1736

 PUBLIC LAW 110–140—DEC. 19, 2007

121 STAT. 1715

Federal agencies and the appropriate committees of Congress a report that describes the results of the assessment. (h) DATA AND REPORT AVAILABILITY.—On completion of the assessment, the Secretary shall incorporate the results of the assessment into a web-accessible database for public use. (i) AUTHORIZATION.—There is authorized to be appropriated to carry out this section $20,000,000 for the period of fiscal years 2008 through 2012.

Public information. Web site.

SEC. 713. CARBON DIOXIDE SEQUESTRATION INVENTORY.

Section 354 of the Energy Policy Act of 2005 (42 U.S.C. 15910) is amended— (1) by redesignating subsection (d) as subsection (e); and (2) by inserting after subsection (c) the following: ‘‘(d) RECORDS AND INVENTORY.—The Secretary of the Interior, acting through the Bureau of Land Management, shall maintain records on, and an inventory of, the quantity of carbon dioxide stored within Federal mineral leaseholds.’’. SEC. 714. FRAMEWORK FOR GEOLOGICAL CARBON SEQUESTRATION ON PUBLIC LAND.

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(a) REPORT.—Not later than 1 year after the date of enactment of this Act, the Secretary of the Interior shall submit to the Committee on Natural Resources of the House of Representatives and the Committee on Energy and Natural Resources of the Senate a report on a recommended framework for managing geological carbon sequestration activities on public land. (b) CONTENTS.—The report required by subsection (a) shall include the following: (1) Recommended criteria for identifying candidate geological sequestration sites in each of the following types of geological settings: (A) Operating oil and gas fields. (B) Depleted oil and gas fields. (C) Unmineable coal seams. (D) Deep saline formations. (E) Deep geological systems that may be used as engineered reservoirs to extract economical quantities of heat from geothermal resources of low permeability or porosity. (F) Deep geological systems containing basalt formations. (G) Coalbeds being used for methane recovery. (2) A proposed regulatory framework for the leasing of public land or an interest in public land for the long-term geological sequestration of carbon dioxide, which includes an assessment of options to ensure that the United States receives fair market value for the use of public land or an interest in public land for geological sequestration. (3) A proposed procedure for ensuring that any geological carbon sequestration activities on public land— (A) provide for public review and comment from all interested persons; and (B) protect the quality of natural and cultural resources of the public land overlaying a geological sequestration site. (4) A description of the status of Federal leasehold or Federal mineral estate liability issues related to the geological subsurface trespass of or caused by carbon dioxide stored in

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