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CA AB2572

Bill

Status

Introduced

2/14/2024

Primary Sponsor

Al Muratsuchi

Click for details

Origin

State Assembly

2023-2024 Session

AI Summary

  • Requires the State Air Resources Board to develop a plan by January 1, 2027, to include ocean carbon dioxide removal technology and projects determined to be environmentally safe and sustainable into the Carbon Capture, Removal, Utilization, and Storage Program.

  • Directs the state board to qualify ocean carbon dioxide removal projects for inclusion in carbon credit programs, including the Low Carbon Fuel Standard regulations and market-based compliance mechanisms.

  • Requires the state board and agencies with financial incentive programs to consider making ocean carbon dioxide removal projects eligible for grants, tax credits, or other financial inducements if they achieve similar or better climate and environmental policy goals.

  • Mandates coordination with other state agencies to establish a single point of contact for permitting ocean carbon dioxide removal projects and to develop workforce training programs for the skilled workers needed.

  • Defines "ocean carbon dioxide removal" as a process occurring in ocean water that extracts carbon dioxide from the atmosphere or ocean water to reduce atmospheric carbon dioxide levels.

Legislative Description

Ocean carbon dioxide removal projects.

Last Action

In committee: Held under submission.

5/16/2024

Committee Referrals

Appropriations4/23/2024
Natural Resources3/21/2024

Full Bill Text

No bill text available