The USGS has expertise in coordinating nationwide assessments of oil and gas, minerals, and coal, and a history of developing consensus in resource and reserve terminology. It would be appropriate for the USGS to have the same lead role in a national assessment of the nation’s geologic carbon sequestration resource that it currently has with regards to coal and petroleum resources. The committee estimates that approximately $10 million per year for five years will be required for this activity.4 There should be close cooperation and coordination among the USGS, the Carbon Sequestration Program managed by DOE-FE, and the states involved in the Carbon Sequestration Regional Partnerships.

4

In March, 2007, a bill was introduced to the U.S. Senate (S.731) to authorize funding for the USGS to carry out a national assessment of geological storage capacity for carbon dioxide.



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