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Table TS.12. Differences in the forms of CCS and biological sinks that might influence the way accounting is conducted.

Property Terrestrial biosphere Deep ocean Geological reservoirs
CO2 sequestered or stored Stock changes can be monitored over time. Injected carbon can be measured. Injected carbon can be measured.
Ownership Stocks will have a discrete location and can be associated with an identifiable owner. Stocks will be mobile and may reside in international waters. Stocks may reside in reservoirs that cross national or property boundaries and differ from surface boundaries.
Management decisions Storage will be subject to continuing decisions about land- use priorities. Once injected there are no further human decisions about maintenance once injection has taken place. Once injection has taken place, human decisions about continued storage involve minimal maintenance, unless storage interferes with resource recovery.
Monitoring Changes in stocks can be monitored. Changes in stocks will be modelled. Release of CO2 can be detected by physical monitoring.
Expected retention time Decades, depending on management decisions. Centuries, depending on depth and location of injection. Essentially permanent, barring physical disruption of the reservoir.
Physical leakage Losses might occur due to disturbance, climate change, or land-use decisions. Losses will assuredly occur as an eventual consequence of marine circulation and equili- bration with the atmosphere. Losses are unlikely except in the case of disruption of the reservoir or the existence of initially undetected leakage pathways.
Liability A discrete land-owner can be identified with the stock of sequestered carbon. Multiple parties may contribute to the same stock of stored CO2 and the CO2 may reside in international waters. Multiple parties may contribute to the same stock of stored CO2 that may lie under multiple countries.

Source: IPCC  Carbon Dioxide Capture and Storage: Technical Summary (2005)
9. Emission inventories and accounting, p. 44