CO SB182

Adds "embodied carbon improvements" as a new category of eligible "new energy improvements" under Colorado's property-assessed clean energy (PACE) financing program, allowing property owners to finance installations using lower-carbon materials

Creates a new industrial clean energy tax credit category for "embodied carbon investments" starting January 1, 2026, covering investments in producing eligible materials with reduced cradle-to-gate emissions

Requires embodied carbon investments to achieve at least 15% reduction in cradle-to-gate emissions compared to baseline standards to qualify for the tax credit

Colorado Energy Office, in consultation with the Office of the State Architect, will establish policies, standards, and baselines for measuring embodied emissions reductions

Preserves local government authority to review and approve eligible materials for property installations and modifications