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Bill > S2096


MA S2096

Relative to Massachusetts' carbon dioxide removal leadership


summary

Introduced
02/16/2023
In Committee
03/28/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation relative to Massachusetts' carbon dioxide removal leadership. Telecommunications, Utilities and Energy.

AI Summary

This bill aims to establish Massachusetts' carbon dioxide removal leadership. It creates a reverse auction program where the Massachusetts Clean Energy Center will annually commit to purchasing a minimum amount of verified carbon dioxide removal from qualified bidders. The program has several key provisions, including: requiring a portion of the annual removal target to be met by small-scale and long-duration (1,000+ years) projects, setting a maximum average price per ton that decreases annually, and mandating community engagement and environmental justice assessments for proposed projects. The program is funded through state revenues from reinstated taxes on aircraft sales and parts. Overall, the bill seeks to drive the development of durable carbon dioxide removal technologies and processes within Massachusetts.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (7)

Last Action

Accompanied S2531 (on 06/17/2024)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/S2096
BillText https://malegislature.gov/Bills/193/S2096.pdf
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