An Act relative to a just transition to clean energy
By Mr. Crighton, a petition (accompanied by bill, Senate, No. 2251) of Brendan P. Crighton for legislation relative to a just transition to clean energy in transportation fuel. Telecommunications, Utilities and Energy.
Amends section of MGL governing the Division of Energy Resources. Adds definitions for “carbon intensity”, “clean fuel”, “Credit”, “Credit generator”, “Deficit”, “Full fuels lifecycle”, and “Transportation fuel provider”.
Mandates that DOER develop a clean fuel standard that reduces the aggregate carbon intensity of transportation fuels by 80% from 1990 levels by 2050 and establishes a system of carbon offset trade swapping. Applies this primarily to automobile manufacturers, and provides certain clean energy fuel producers with the option of generating credits. DOER shall develop a timeline for implementation.
Directs DOER to establish the credit system in a way that assigns more credits to fuel providers whose fuel or fuels’ carbon intensity is below the standards adopted by the department, and establish a mechanism for trading the credits.
Directs public entities serving as credit generators to use some percentage of earnings on those credits to clean energy and accessible transportation projects in disadvantaged communities.
DOER shall promulgate rules and regulations to implement this system.
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