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EDA fund bill released after extended debate over carbon capture, environmental justice

State and Local Government Committee · June 24, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

A4217, which would allow the Economic Development Authority to use Global Warming Solutions Fund monies for upgrades including carbon capture and fuel-cell projects, was released after extended testimony from environmental‑justice and business groups that disagreed sharply on CCS and funding priorities.

The committee released A4217, which would authorize the Economic Development Authority to use monies from the Global Warming Solutions Fund to provide grants or financial assistance for projects to refurbish or upgrade electric‑generation facilities. The bill prompted a lengthy debate between environmental‑justice and environmental‑advocacy groups, who largely opposed including carbon capture and certain fuel‑cell language, and business and industry representatives, who urged…

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