An Act To Update the Regional Greenhouse Gas Initiative
Sec. 1. 35-A MRSA §10008, sub-§4, as enacted by PL 2007, c. 317, §15, is amended to read:
Sec. 2. 35-A MRSA §10008, sub-§6, ¶G, as enacted by PL 2007, c. 317, §15, is amended to read:
(1) Of the trust related to this section;
(2) Of the Department of Environmental Protection in for participating in the regional organization as defined in Title 38, section 580-A, subsection 20 and for administering the allowance auction under Title 38, chapter 3-B; and
(3) Of the Attorney General, including activities pertaining to the tracking and monitoring of allowance trading activity and managing and evaluating the trust's funding of conservation programs.
Of the trust fund receipts used for administrative costs under this paragraph, no more than 40% in any one year may be used for the administration of the trust.
Sec. 3. 38 MRSA §579, first ¶, as amended by PL 2007, c. 317, §16, is further amended to read:
The department may participate in the regional greenhouse gas initiative as described in the climate action plan required in section 577 . The commissioner and the members of the Public Utilities Commission are authorized to act as representatives for the State in the regional organization as defined in section 580-A, subsection 20, may contract with organizations and entities when such arrangements are necessary to efficiently carry out the purposes of this section and may coordinate its the State's efforts with other states and jurisdictions participating in that initiative, with respect to:
Sec. 4. 38 MRSA §580-A, sub-§3, as enacted by PL 2007, c. 317, §17, is amended to read:
Sec. 5. 38 MRSA §580-A, sub-§12, as enacted by PL 2007, c. 317, §17, is amended to read:
Sec. 6. 38 MRSA §580-B, sub-§2, as enacted by PL 2007, c. 317, §17, is amended to read:
Sec. 7. 38 MRSA §580-B, sub-§7-A is enacted to read:
Before February 1, 2010, the portion of the State's annual carbon dioxide emissions budget that is set aside in a voluntary renewable market set-aside account pursuant to this subsection may not exceed 2% of that budget. The department shall report to the joint standing committee of the Legislature having jurisdiction over utilities and energy matters by January 15, 2010 as to whether that 2% cap is appropriate. By January 31, 2010, the Energy and Carbon Savings Trust, established under Title 35-A, section 10008, in consultation with the department, shall establish the cap on the portion of the State's annual carbon dioxide emissions budget that is set aside in a set-aside account.