SB 21-264

  • Colorado Senate Bill
  • 2021 Regular Session
  • Introduced in Senate Jun 04, 2021
  • Passed Senate Jun 03, 2021
  • Passed House Jun 08, 2021
  • Signed by Governor Jun 24, 2021

Adopt Programs Reduce Greenhouse Gas Emissions Utilities

Abstract

Section 1 of the bill defines a "gas distribution utility" (GDU) as a gas public utility with more than 90,000 retail customers. The bill requires each GDU to file a clean heat plan (plan) with the public utilities commission (PUC). A plan must demonstrate how the GDU will use clean heat resources to meet clean heat targets (targets) established in the bill. The targets are a 5 4 % reduction below 2015 greenhouse gas (GHG) emission levels by 2025 and 20 22 % below 2015 GHG emission levels by 2030. Section 1 makes a legislative finding that meeting these targets will facilitate the electric generating utility sector's compliance with the state's GHG emission reduction goals by reducing GDUs' carbon dioxide and methane emissions.A plan may use qualified offsets as one method to meet the targets. A GDU that uses only clean heat resources in its plan to meet the targets is not subject to any other GHG emission reduction requirements during the 5-year period covered by the plan. If a GDU does not file a plan, the air quality control commission (AQCC) will adopt rules to require the GDU to meet a 30% GHG emission reduction by 2035 when compared to 2015 levels. The PUC will initiate a rule-making proceeding by August October 1, 2021, to adopt update demand-side management rules. that The PUC will establish a cost cap for each GDU's compliance with its plan. The cost cap is 2 2.5 % of annual gas bills for all of a GDU's full-service customers. A plan that costs equal to or less than the cost cap and uses clean heat resources to the maximum practicable extent need not meet the targets. A plan that uses only clean heat resources and meets the targets need not comply with the cost cap. The PUC is directed to approve a plan if the PUC finds that doing so is in the public interest. A municipal GDU must file a plan with the air quality control commission (AQCC) that demonstrates a 20 4% GHG emission reduction by 2025 and a 22 % GHG emission reduction by 2030 , both as compared with 2015 levels. Small GDUs may file a plan, which is subject to the cost cap and must contain its own targets.Section 2 requires the AQCC to initiate a rule-making proceeding by January September 1, 2022, to define qualified offsets that plans may use to meet a target. The AQCC will start another rule-making proceeding by January 1, 2029, to determine mass-based GHG emission reduction goals for plans for 2035, 2040, 2045, and 2050 establish protocols for recovered methane that utilities must use in forecasting their emission reductions .Section 3 gives directs the oil and gas conservation commission authority over class VI to conduct a study to evaluate the resources that would be needed to ensure the safe and effective regulation of injection wells used for sequestration of GHG. including through the issuance of permits. (Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.) (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Bill Sponsors (3)

Votes


Actions


Jun 24, 2021

Office of the Governor

Governor Signed

Jun 15, 2021

Office of the Governor

Sent to the Governor

House

Signed by the Speaker of the House

Senate

Signed by the President of the Senate

Jun 08, 2021

Senate

Senate Considered House Amendments - Result was to Concur - Repass

House

House Third Reading Passed - No Amendments

Jun 07, 2021

House

House Second Reading Special Order - Passed with Amendments - Committee, Floor

House

House Committee on Appropriations Refer Amended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
House Committee of the Whole Appropriations

House

House Committee on Energy & Environment Refer Amended to Appropriations

  • Referral-Committee
Appropriations

Jun 04, 2021

House

Introduced In House - Assigned to Energy & Environment

  • Introduction
Energy & Environment

Jun 03, 2021

Senate

Senate Third Reading Passed with Amendments - Floor

Jun 02, 2021

Senate

Senate Second Reading Special Order - Passed with Amendments - Committee, Floor

Jun 01, 2021

Senate

Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole

  • Committee-Passage
  • Referral-Committee
Appropriations Senate Committee of the Whole

May 26, 2021

Senate

Senate Committee on Transportation & Energy Refer Amended to Appropriations

  • Referral-Committee
Appropriations Transportation & Energy

May 05, 2021

Senate

Introduced In Senate - Assigned to Transportation & Energy

  • Introduction
Transportation & Energy

Bill Text

Bill Text Versions Format
Signed Act (06/24/2021) PDF
Final Act (06/15/2021) PDF
Rerevised (06/08/2021) PDF
Revised (06/07/2021) PDF
Reengrossed (06/03/2021) PDF
Engrossed (06/02/2021) PDF
Introduced (05/05/2021) PDF
PA2 (06/07/2021) PDF
PA1 (05/27/2021) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note SA1 (05/31/2021) PDF
Fiscal Note SA2 (06/07/2021) PDF
Fiscal Note FN1 (05/18/2021) PDF
Fiscal Note FN2 (05/28/2021) PDF

Sources

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