Concerning emissions from emissions-intensive, trade-exposed facilities under the climate commitment act.
Referred to Appropriations.
Summary
The bill amends the Climate Commitment Act to give no‑cost carbon allowance allocations to facilities that are both emissions‑intensive and trade‑exposed, as defined by specific industry codes. It covers sectors such as metals, paper, aerospace, chemicals, food, cement, petroleum refining and others, and sets rules for how the allowances are calculated and adjusted over time. The aim is to help these manufacturers stay competitive while the state pursues its climate goals.
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