59 Designation of carbon dioxide transport and storage counterparty

Carbon dioxide capture, storage etc and hydrogen production, transport and storage

59  Designation of carbon dioxide transport and storage counterparty

(1)     The Secretary of State may by notice given to a person designate the person to be a counterparty for carbon dioxide transport and storage revenue support contracts.

(2)     A “carbon dioxide transport and storage revenue support contract” is a contract in relation to which both the following paragraphs apply—

(a)     the contract is

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