The Wise Report

The Wise Report
Henry M. Wise, P.G.
January 24, 2009
 
The State Legislature is in session once again.  There are currently five bills that are of interest:
 
S.B. 483 (also H.B. 469).  1/15/09 - Recieved by the Secretary of the Senate.  Authors:  Seliger, Carona, and Duell, relating to the establishment of incentives by this state for the implementation of certain projects to capture and sequester in geological formations carbon dioxide that would otherwise be emitted into the atmosphere.  60% of carbon emissions from clean coal will be sequestered. Sequestration will be monitored by the Bureau of Economic Geology at UT Austin, and there will also be tax incentives for sequestration used by O&G for enhanced oil recovery.  Full details can be found at:  http://www.capitol.state.tx.us/BillLookup/History.aspx?LegSess=81R&Bill=SB483
 
H.B. 469 (same as S.B. 483, above).  12/22/08 - Filed.  Authors:  Phil King, Anchia, and Hughes.  Full details can be found at:  http://www.capitol.state.tx.us/BillLookup/History.aspx?LegSess=81R&Bill=HB469
 
S.B. 274 (same as H.B. 178).  11/12/08 - Received by the Secreatry of the Senate. Author:  Nichols, relating to limitation on the location of injeciton wells.  Prohibits injection wells near faults, in recharge zones, and within 0.5 miles of water supply wells, residences, schools, churches, etc.  Doesn't say what type of injection wells and therefore has the potential to shut down ISR mining.  Full details can be found at:  http://www.capitol.state.tx.us/BillLookup/History.aspx?LegSess=81R&Bill=SB274
 
H.B. 178 (same as S.B. 274, as above).  12/22/08 - Filed.  Author:  Creighton.  Full details can be found at:  http://www.capitol.state.tx.us/BillLookup/History.aspx?LegSess=81R&Bill=HB178
 
S.B 136.  11/10/08 - Received by the Secregary of the Senate.  Relating to the Texas Global Warming Solutions Act; imposing a fee and providing a penalty.  Full details can be found at:  http://www.capitol.state.tx.us/BillLookup/History.aspx?LegSess=80R&Bill=SB659
 
If you know of any others, let me know and I'll update the list.  I'll be watching out for more bills in the future.
 
Henry M. Wise, P.G.
The Wise Report
1/24/2009

source: 
Henry M. Wise
releasedate: 
Saturday, January 24, 2009
subcategory: 
Government Update