DNR outlines CCUS and voluntary carbon offset programs; regulators say projects in North Slope and Cook Inlet under early assessment
DNR told the House Finance Committee that regulations for underground carbon injection (CCUS) are imminent, that activity is underway in the North Slope and Cook Inlet, and that voluntary carbon‑offset projects on state lands are in early feasibility work with expected credit generation about 18–24 months after a project starts.
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The Department of Natural Resources told the House Finance Committee that its carbon management efforts include a newly established underground carbon capture, utilization and storage licensing program and a voluntary carbon offset program for state lands, and that initial industry activity is already occurring on the North Slope and in Cook Inlet.
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