1. (a) This chapter authorizes the establishment of a carbon sequestration pilot project:

   1. (1) that will:

      1. (A) capture carbon dioxide at the proposed ammonia plant to be located at 444 West Sanford Avenue, West Terre Haute, Indiana; and
      2. (B) inject the carbon dioxide underground through one (1) or more injection wells pursuant to a Class VI well permit issued by the United States Environmental Protection Agency; and
   2. (2) that will employ the underground storage of carbon dioxide as an alternative to releasing the carbon dioxide into the air.
2. (b) The director shall designate the operator of the carbon sequestration pilot project according to the characteristics of the pilot project set forth in subsection (a).

As added by P.L.291-2019, SEC.5.