Re: #carbonsequestration #CDR #ccs #CDR #blockchain #CDR #blockchain #carbonsequestration #ccs


Kim Chaffee
 

Thanks, Rob.  I subscribed to the free emails.
Kim



On Mar 25, 2020, at 8:26 PM, Robert Lehmert via Groups.Io <roblehmert@...> wrote:

I have discovered an interesting read if you are into "serious" carbon offsets (voluntary and compliance). Probably 2 people on this forum will enjoy this, but the depth of of this topic is growing like the Keeling Curve.  Here's the link to the weekly digest: www.carbon-pulse.com.    

If you dig around on the site, you find some interesting bits on carbon taxes and legislation -- such as this tidbit:

HAWAII

The Hawaii Senate advanced a $40/tonne carbon tax bill this week, sending the proposal on for consideration in the House.

The state Senate approved SB-3150 by a 23-2 margin on a floor vote Tuesday, with one Democrat joining the upper chamber’s lone Republican in dissent.

The legislation would assign a CO2 tax equivalent to $40/tonne on fossil fuels in 2021, incrementally rising to $80/tonne by 2030. The exact rates on specific fuels will be set in conference with the House of Representatives.

In doing so, the proposal would alter Hawaii’s environmental response, energy, and food security tax, and it would make an Aloha State carbon levy the highest CO2 price in North America.

To help blunt the costs of the carbon price on low-income and middle-class residents, residents would receive a refundable tax credit.

A previous version of the bill allocated that credit to residents earning 60% or less of the state’s median income, but the iteration the House will now consider changed that rate to an unspecified amount.

The Hawaii 2020 legislative session ends May. 7. Democrats also command the House with a 46-5 grip over the GOP.

By Matt Lithgow – matt@...

Enjoy.

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