West Virginia legislators today advanced two bills that would allow for the sale of property owned by the state’s Division of Natural Resources for underground storage of emissions from a possible hydrogen hub project, according to a news report.
The West Virginia House Judiciary Committee recommended Senate bills 161 and 162 for passage Monday afternoon after the state Senate passed both bills on Thursday.
According to the WVNews report, SB 161 would allow the Division of Natural Resources within the Department of Commerce to sell, lease, or dispose of property under its control. SB 162 would allow DNR to lease state-owned pore spaces beneath state forests, wildlife management areas, and other lands under DNR’s jurisdiction for use in carbon sequestration.
The report cites an unnamed source who says the legislation is targeted at a company with a carbon sequestration plan in order to secure their investment in West Virginia.
