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Climate Choices Part II — Session Law 2021-165 (Carbon Reduction Plan)

Smith Enviorment

Utilities Commission (NCUC) to “take all reasonable steps” to achieve a 70% reduction in carbon dioxide ( CO 2 ) emissions from electric generating units (EGUs) by 2030 and achieve carbon neutrality for the utility generation system by 2050. January 22, 2023. A 2021 North Carolina law requires the N.C.

Law 52
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Right on Energy: Section 45V Hydrogen Production Tax Credit  

Cresforum

clean hydrogen production to 10 MMT by 2030 and 50 MMT by 2050 to achieve a 10 percent reduction in domestic greenhouse gas emissions. The proposed rule is currently under a comment period with a deadline of February 26, 2024, and a public hearing regarding the guidance will be held on March 25, 2024. Source: U.S.

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The New Methane Emissions Charge: One (Limited but Important) Stick in the Inflation Reduction Act

Law Columbia

It is certainly true that the IRA uses “carrots” – principally in the form of tax credits – to incentivize actions that will reduce greenhouse gas emissions. For example, the IRA extends and expands existing tax credits for renewable electricity production, and creates a new credit for electricity production at certain nuclear power plants.

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DEP Budget Testimony: Increasing Permitting Efficiency, Cleaning Up Legacy Pollution, Investing In Communities, Holding Companies Accountable

PA Environment Daily

Thank you for the opportunity to present Governor Shapiro’s proposed Fiscal Year 2023-2024 budget for the Department of Environmental Protection (DEP). I noted that there are resources from the IRA to address greenhouse gas mitigation and methane reduction, including rebates for home electrification and energy efficiency retrofits.