Bill Text - HB1486 (2024)

Relative to proxy carbon pricing in state procurement.


Revision: Oct. 17, 2023, 9:03 a.m.

 

2024 SESSION

24-2732.0

08/10

 

HOUSE BILL [bill number]

 

AN ACT relative to proxy carbon pricing in state procurement.

 

SPONSORS: [sponsors]

 

COMMITTEE: [committee]

 

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ANALYSIS

 

This bill requires the department of administrative services to consider proxy carbon pricing in transportation costs and building project costs.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

24-2732.0

08/10

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Four

 

AN ACT relative to proxy carbon pricing in state procurement.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  New Section; Proxy Carbon Pricing.  Amend RSA 21-I by inserting after section 14-d the following new section:

21-I:14-e  Proxy Carbon Pricing.

I.  In this section, "proxy carbon pricing" means the price of the cost of carbon dioxide emissions based on modeled rates on a graduated scale over time.

II.  In its procurement decisions, the department of administrative services shall incorporate a proxy carbon price in cost comparisons for transportation costs and for building heating and cooling costs for all new construction and renovations.  The calculation of the proxy carbon cost and the cost comparisons for purchasing decisions shall be included in the state’s annual energy report under RSA 21-I:14-c.

III.  Beginning January 1, 2025, the commissioner shall use a proxy carbon price of $85 per ton and shall increase such per ton costs by $10 every January 1 until January 1, 2050.

2  Effective Date.  This act shall take effect January 1, 2025.