Colorado is overhauling climate goals with an eye on scrubbing carbon from its electricity
The Colorado Sun
Colorado energy policy is undergoing a major overhaul with four transformative bills working their way through the legislature and the state’s Public Utilities Commission embarking on the revision of six sets of rules.
“It is an exciting time,” said Will Toor, executive director of the Colorado Energy Office. “The political leadership, the economics and the technology are all lining up.”
The centerpiece is a climate bill, House Bill 1261, that aims to cut greenhouse gas emissions in Colorado – power plants and transportation are the two biggest sources – 50% from 2005 levels by 2030 and 90% over the next 30 years.
A bill reauthorizing the PUC, Senate Bill 236, adds a “social cost of carbon” in evaluating future energy projects, and another, House Bill 1313, sets the template for Xcel Energy to move forward with its goal to reduce its greenhouse gas emissions 80% by 2030 and have zero carbon emissions by 2050.
Another bill, House Bill 1314, would help workers who lose their jobs at shuttered coal-fired power plants transition to new employment. The PUC reauthorization bill would also require utilities to file a workforce transition plan when closing a coal-fired plant.
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