Iceland CO2 Storage and Mineralisation Legal Framework (Law No. 67/2022)
Law No. 67/2022 amended Icelandic environmental-health, environmental-assessment and climate legislation to implement the EU geological-storage framework and expressly regulate underground CO2 storage including mineralisation — the statutory base Carbfix permits rest on. The law routes storage through established environmental institutions (Environment Agency as competent authority, EFTA surveillance for draft permits) rather than inventing parallel machinery, with monitoring, corrective and closure plans approved as distinct public documents. It is framework, not project: the operating detail lives in the Hellisheiði permit and the Coda Terminal programme. Read with the 2025 onshore permit, the law completes Iceland three-layer stack (mineralization method, framework statute, operating permit).
National Governance Context
Iceland Overview
Aggregate National Maturity Index (Peak Strength)
Governed Policies
3
Identified Projects
10
Related Policy Network
Directly Linked Assets
Coda terminal Phase 1
T&S — 0.7 Mtpa
Coda terminal Phase 2
T&S — 0.7 Mtpa
Coda terminal phase 3
T&S — 1.6 Mtpa
Climeworks Mammoth Project phase 2
Full chain — 0.03 Mtpa
Carbon Iceland Nordural plant
CCU — 1 Mtpa
Climeworks Orca
Full chain — 0.004 Mtpa
Climeworks Mammoth Project phase 1
Full chain — 0.006 Mtpa
Removr Carbfix Polar plant phase 1
Full chain — 0.002 Mtpa
Removr Carbfix Polar plant phase 2
Full chain — 0.05 Mtpa
CO-Creator Pilot Startup program DACCS
Capture — 0.1 Mtpa