CAC Specialty’s Carbon Capture and Storage (CCS) Team
Dec 14, 2021
Carbon Capture and Storage (CCS) is an exciting technological advance that will help us navigate the energy transition. CAC’s subject matter experts across all disciplines are prepared to help clients with the risk management challenges CCS presents.
ABOUT CARBON CAPTURE AND STORAGE
Carbon Capture and Storage (CCS) is the separation and capture of carbon dioxide (CO2) from the emissions of industrial processes prior to release into the atmosphere, and storage of the CO2 in deep underground geologic formations.
KEY BENEFIT: CCS enables industry to continue to operate while emitting fewer greenhouse gases (GHGs), making it a powerful tool for addressing mitigation of anthropogenic CO2 in the atmosphere.
PRIMARY RISKS: CCS technology presents physical and engineering risks, including construction and operations, tax, financial assurance, financing and pollution. Storage must be safe, environmentally sustainable and cost-effective.
CAC SPECIALTY IS UNIQUELY POSITIONED TO ADVISE YOU ON CCS PROJECTS
- With best-in-class resources in oil and gas, power, pollution liability, surety, tax insurance and energy investment, we are the market leaders in physical and financial risk management and insurance brokerage advice for this new technology.
- CAC Specialty provides a cohesive team across all disciplines to help you take a project from early-stage concept and development through decommissioning obligations.
- We are experienced, and have assisted clients with early-stage adoption of this technology.