summary
Introduced
02/20/2025
02/20/2025
In Committee
05/23/2025
05/23/2025
Crossed Over
06/03/2025
06/03/2025
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
An act to add Chapter 8.5 (commencing with Section 39945) to Part 2 of Division 26 of the Health and Safety Code, relating to climate change.
AI Summary
This bill establishes the Carbon Dioxide Removal Purchase Program, which requires the California Air Resources Board (ARB) to purchase carbon dioxide removal credits from eligible projects within the state between 2026 and 2035. The program aims to support emerging carbon removal technologies like direct air capture, biomass carbon removal, enhanced mineralization, and marine carbon dioxide removal, with a total budget of $50 million. The bill limits purchases to $25 million per project category and $12.5 million per individual project sponsor, and requires the ARB to prioritize projects that can accelerate carbon dioxide removal strategies, deliver credits by 2035, and provide community benefits. The program includes strict guidelines for eligible projects, such as requiring physical location in California, community benefit mechanisms, long-term carbon sequestration (minimum 100 years), and prohibitions on using the technology for enhanced oil recovery. The ARB must conduct annual surveys of carbon dioxide removal projects, publish reports on program activities, and develop a transparent purchasing process through public workshops. The broader context is California's goal of achieving net-zero greenhouse gas emissions by 2045, recognizing that carbon removal will be crucial to meeting this target.
Committee Categories
Agriculture and Natural Resources, Budget and Finance, Transportation and Infrastructure
Sponsors (2)
Last Action
In Assembly. Read first time. Held at Desk. (on 06/04/2025)
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