Bill > SB1191

This bill establishes the Pennsylvania Climate Emissions Reduction Program (PACER), a Pennsylvania-run CO2 cap-and-invest program. The bill requires the Department of Environmental Protection to review and potentially revise the emissions budget, and prohibits the department from joining other carbon auction programs without legislative approval. The bill directs the proceeds from the PACER auction to be deposited into several accounts: the Consumer Protection Account for electric bill credits, the Pennsylvania Energy Transformation Account for grants to support emissions reduction projects, the Workforce Enhancement Fund for energy-related workforce development, and the Low-Income Support Account to supplement energy assistance programs. The bill creates the Workforce Enhancement Fund Board to oversee the Workforce Enhancement Fund.