Kansas Governor Signs Carbon Sequestration Bill
30 March 2007
Kansas Governor Kathleen Sebelius has signed a bill that provides incentives for the underground sequestration of carbon dioxide.
Among other things, the bill provides incentives by allowing any carbon dioxide capture, sequestration and utilization property and any electric generation unit which captures and sequesters all carbon dioxide and other emissions to be exempt from all property taxes for a period of five taxable years following completion of construction or installation of the property.
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