House Study Bill 744 HOUSE FILE BY (PROPOSED COMMITTEE ON ENVIRONMENTAL PROTECTION BILL BY CHAIRPERSON OLSON) Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act relating to achieving specified greenhouse gas reduction 2 levels. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 6262HC 82 5 rn/rj/8 PAG LIN 1 1 Section 1. Section 455B.851, subsection 7, Code Supplement 1 2 2007, is amended to read as follows: 1 3 7. After consideration of a full range of policies and 1 4 strategies, including the cost=effectiveness of the 1 5 strategies, the council shall develop multiple scenarios 1 6 designed to reduce statewide greenhouse gas emissions 1 7including one scenario that would reduce such emissionsby 1 8 fifty to ninety percent by 2050. The council shall also 1 9 develop short=term, medium=term, and long=term scenarios 1 10 designed to reduce statewide greenhouse gas emissions, develop 1 11 interim reduction goals applicable to the years 2012 and 2020, 1 12 and shall consider the cost=effectiveness of the scenarios. 1 13 The council shall establisha2005 as the baseline year for 1 14 purposes of calculating reductions in statewide greenhouse gas 1 15 emissions and assessing the extent to which the goal is being 1 16 achieved, and may establish other baseline years for purposes 1 17 of measuring the effectiveness of economic opportunities or 1 18 incentives identified in reduction scenarios. The council 1 19 shall submit theproposalgreenhouse gas emission reduction 1 20 proposals to the governor and the general assembly by January 1 21 1,20082009. 1 22 EXPLANATION 1 23 This bill relates to greenhouse gas reduction goals and 1 24 strategies developed by the Iowa climate change advisory 1 25 council. The bill specifies a statewide greenhouse gas 1 26 emission reduction goal of from 50 to 90 percent by the year 1 27 2050 under various reduction scenarios, utilizing 2005 as the 1 28 baseline year. The bill directs the council to develop 1 29 interim reduction goals applicable to the years 2012 and 2020, 1 30 and also provides that the council may establish other 1 31 baseline years for purposes of measuring the effectiveness of 1 32 economic opportunities or incentives identified in reduction 1 33 scenarios. The bill provides for submission of greenhouse gas 1 34 emission reduction proposals to the governor and the general 1 35 assembly by January 1, 2009. 2 1 LSB 6262HC 82 2 2 rn/rj/8