LRB-5171/1
EHS:amn
2023 - 2024 LEGISLATURE
December 8, 2023 - Introduced by Representatives Neubauer, J. Anderson,
Emerson, C. Anderson, Baldeh, Bare, Conley, Considine, Jacobson, Joers,
Moore Omokunde, Ohnstad, Madison, Palmeri, Ratcliff, Shelton, Sinicki,
Stubbs, Subeck and Vining, cosponsored by Senators Roys,
Larson, Agard,
Taylor and Spreitzer. Referred to Committee on Government Accountability
and Oversight.
AB811,1,2
1An Act to create 196.025 (1h) of the statutes;
relating to: considering the social
2cost of carbon emissions.
Analysis by the Legislative Reference Bureau
This bill requires the Public Service Commission to consider the social cost of
carbon in determining whether to issue certificates required to construct large
electric generating facilities or high-voltage transmission lines or to engage in
certain other public utility projects. The bill defines “social cost of carbon” as the
social cost of carbon estimated in a technical support document prepared by the
federal Interagency Working Group on Social Cost of Greenhouse Gases for the use
of federal agencies in preparing regulatory impact analyses.
For further information see the state fiscal estimate, which will be printed as
an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB811,1
3Section
1. 196.025 (1h) of the statutes is created to read:
AB811,2,34
196.025
(1h) Social cost of carbon emissions. (a) In this subsection, “social
5cost of carbon” means the social cost of carbon as estimated in the Interagency
6Working Group on Social Cost of Greenhouse Gases's Technical Support Document:
1Technical Update of the Social Cost of Carbon for Regulatory Impact Analysis –
2Under Executive Order 12866 – August 2016, or, if revised, the most updated version
3of that document.
AB811,2,54
(b) The commission shall consider the social cost of carbon in determining
5whether to issue certificates under ss. 196.49 and 196.491 (3).
AB811,2
6Section 2
.
Initial applicability.
AB811,2,87
(1)
The treatment of s. 196.025 (1h) (b) first applies to applications for
8certificates that are received on the effective date of this subsection.
