Subsurface Advisors specialize in supporting insurance companies that provide policies for the risks facing the operators of CO2 storage projects. Insurance is an important link between the technical and financial elements of carbon storage projects. With the increasing level of private investment, project maturation, and sophistication in government regulation of carbon capture and storage, a variety of insurance products have recently emerged in the private market to address specific activities and risks. Requirements for permitting and financial securities are generally defined on a national or state basis, and insurance coverage varies by location, and from project to project.
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