assembly Bill A11094

2019-2020 Legislative Session

Relates to establishing a carbon dioxide emissions price for electric generation from carbon-based fuel and creating a carbon dioxide emissions fund

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Archive: Last Bill Status - In Assembly Committee

  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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view actions (1)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Nov 06, 2020 referred to environmental conservation


A11094 (ACTIVE) - Details

Current Committee:
Assembly Environmental Conservation
Law Section:
Environmental Conservation Law
Laws Affected:
Amd §75-0113, En Con L; add Art 12-B §§289-g - 289-j, Tax L
Versions Introduced in 2021-2022 Legislative Session:

A11094 (ACTIVE) - Summary

Establishes a carbon dioxide emissions price for electric generation from carbon-based fuel and creates a carbon dioxide emissions fund.

A11094 (ACTIVE) - Bill Text download pdf

                     S T A T E   O F   N E W   Y O R K
                           I N  A S S E M B L Y
                             November 6, 2020
 Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Paulin) --
   read once and referred to the Committee on Environmental Conservation
 AN ACT to amend the environmental conservation law and the tax  law,  in
   relation to establishing a carbon dioxide emissions price for electric
   generation  from carbon-based fuel and creating a carbon dioxide emis-
   sions fund

   Section 1. Legislative findings and declaration. The legislature here-
 by finds and declares that:
   1. As part of the 2020 state budget, the legislature passed the accel-
 erated  renewable  energy  growth  and  community benefit act to advance
 renewable energy siting and establish tools for  achieving  the  nation-
 leading  climate  change  goals  of the climate leadership and community
 protection act (CLCPA).
   2. a. The CLCPA passed by the legislature and signed by Governor Cuomo
 in 2019 codified into law the following requirements:
   i. 70% of electricity delivered in New York state must be derived from
 renewable resources by 2030;
   ii. 100% of the electricity consumed in New York state must be derived
 from zero-emissions resources by 2040;
   iii. 9,000 megawatts (MW) of offshore wind installed by 2035;
   iv. 6,000 MW of distributed solar energy resources installed by 2025;
   v. 3,000 MW of energy storage installed by 2030; and
   vi. Reducing building end-use energy consumption by 185 trillion Brit-
 ish thermal units by 2025.
   b. The CLCPA created a 22-member climate action council  to  establish
 an implementation plan for how the state will achieve these goals.
   3.  The  CLCPA  amended the environmental conservation law by adding a
 new section 75-0113 to establish a social cost  of  carbon  for  use  by
 state agencies.
   4.  Entities  other  than  state agencies have been considering how to
 account for the value of carbon  dioxide  emissions  in  their  business
 plans and operations in light of the CLCPA and the accelerated renewable

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets