Legal and regulatory framework for carbon capture, utilization and storage of The Republic of Indonesia
Abstract
Carbon capture and storage (CCS) is a method for reducing carbon emission that consists of 3 main steps: capturing, compressing and transporting CO2 to locations where it is permanently injected into geological formations such as saline aquifers or depleted oil and gas reservoirs. Carbon capture, utilization and storage (CCUS), meanwhile, takes this further by reusing captured CO2 from industrial processes to produce new products such as concrete or biodiesel. With the goal of reducing CO2 emissions from domestic industries while positioning itself as a regional hub for Southeast Asia, Indonesia has developed a legal framework for CCS/CCUS activities.
Based on a review of Indonesia’s legal framework for CCS/CCUS [1 - 6], this article provides reference information that may support Vietnam in developing its own CCS/CCUS legal and regulatory framework.
References
Presiden Republik Indonesia, “Peraturan Presiden Republik Indonesia nomor 14 tahun 2024 tentang penyelenggaraan kegiatan penangkapan dan penyimpanan karbon”, 2024 (PR 14/2024).
Berita Negara Republik Indonesia (BNRI), “Peraturan Menteri Energi dan Sumber Daya Mineral nomor 2 tahun 2023: Penyelenggaraan penangkapan dan penyimpanan karbon, serta penangkapan, pemanfaatan, dan penyimpanan karbon pada kegiatan usaha hulu minyak dan gas bumi”, 2023 (MEMR 2/2023).
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Frédéric Draps, Alfred Ng, Jean-Louis Neves Mandelli, Jessica Davies, Guy Dwyer, Norman Ibnuaji, Dan Trevanion, and Rachelia Jumanti, “Indonesia issues further regulations for CCS and CCUS deployment - A quick guide to Presidential regulation 14/2024 and SKK Migas regulation PTK-070”, 6/3/2024. [Online]. Available: https:// www.ashurst.com/en/insights/indonesia-issues-further- regulations-for-ccs-and-ccus-deployment/.
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