Shopping for State Constitutions:Gift Clauses as Obstacles to State Encouragement of Carbon Sequestration

摘要

Those states with gift clauses that are less restrictive than New York's will be able to provide more attractive financial incentive packages for CCS developers.~(255) In some states, public purpose exceptions extend to the lending of credit, which means that those states can offer indemnification.~(256) CCS developers will likely be drawn to these states, where the uncertainty and risk of liability loom less menacingly.