ENERGY/CONSERVATION: Authorizes unitization for carbon dioxide sequestration

HB 966 authorizes the unitization of properties for carbon dioxide sequestration, a process that allows multiple landowners to manage underground storage sites as a single unit. This legislation directly affects landowners and energy companies involved in capturing and storing carbon emissions underground. The bill amends existing statutes to remove a specific legal barrier, thereby enabling the coordinated use of geological formations for carbon storage. By facilitating this unitization, the law aims to streamline the development of carbon capture and storage projects across different parcels of land.