Colorado’s Oil and Gas Conservation Commission is changing its name and its mission. As the new Energy and Carbon Management Commission, the agency will regulate underground carbon sequestration and geothermal wells used as a source of emissions-free energy. The change is in response to the emergence of a new industry focusing on managing carbon dioxide sequestration. The agency (director Jeff Robbins is pictured) will oversee permitting and regulation of carbon sequestration wells where captured carbon dioxide will be injected underground for permanent storage. A growing global industry will emerge from advances in carbon management in coming years, says Fulton Schools Professor Klaus Lackner, director of the Center for Negative Carbon Emissions at ASU, adding that more needs to be done to ensure effective environmental management of the sequestration process. (Access to the Business Journal content is available only to subscribers.)