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May 21, 2024

Polis Signs Bills to Reduce Emissions, Spur Renewable Energy

Denver, CO - Governor Jared Polis today signed two bills into law that will reduce emissions, spur renewable energy development and create jobs. 

“New technologies can help Colorado meet our climate goals, improve our air quality, save money on energy, and create jobs,” said Rep. Karen McCormick, D-Longmont, sponsor of HB24-1346 and SB24-212. “The new laws signed today will advance geologic storage to reduce carbon in our atmosphere and make it easier for local communities to approve new renewable energy projects that lower costs for consumers. Together, these laws will deploy new technologies to boost our economy and protect our Colorado way of life.”

“Colorado is blazing our own trail to become a national leader on climate policy,” said Senator Chris Hansen, D-Denver, sponsor of HB24-1346 and SB24-212. “From providing support to local renewable energy projects to embracing new technologies, these bills are part of a comprehensive climate strategy that will benefit all Coloradans environmentally and financially.”

HB24-1346, sponsored by Representatives Brianna Titone and Karen McCormick and Senators Chris Hansen and Kevin Priola, will reduce emissions by establishing a clear regulatory framework for the geologic storage of carbon. It also improves the Energy and Carbon Management Commission’s enforcement procedures. 

“Carbon sequestration has the potential to create jobs and use our natural resources to reduce carbon pollution that is warming our planet and leading to more devastating climate consequences,” said Rep. Brianna Titone, D-Arvada, sponsor of HB24-1346. “As a geologist, I know that there are lots of opportunities for this new technology to help us meet our climate goals and support a Just Transition for our workforce. I’m excited Colorado will be at the forefront of developing the safe and responsible use of geologic storage to help address carbon pollution.”

SB24-212, sponsored by Senator Chris Hansen and President Steve Fenberg and Representatives Karen McCormick and Kyle Brown, will spur the development of renewable energy projects. The new law will make it easier for new projects to be approved by helping local governments develop codes and procedures for approving and reviewing new renewable energy projects, including wind, solar, and the supporting energy transmission. 

“Colorado needs to massively scale up our renewable energy capacity over the next 15 years if we’re serious about meeting our ambitious greenhouse gas emission reduction goals,” Senate President Steve Fenberg, D-Boulder, sponsor of SB24-212, said. “Development of renewable energy resources will benefit all Coloradans by generating cost savings on electricity bills, providing more stable energy prices, reducing harmful air pollution, and increasing our energy security.”.

“Renewable energy creates jobs, reduces costs for consumers and improves our air quality, which is why we are making it easier for these critical projects to get off the ground,” said Rep. Kyle Brown, D-Louisville, sponsor of SB24-212. “With this new law, local governments will have more tools to support renewable energy projects in Colorado, which will lead to lower energy costs, less reliance on fossil fuels and good paying jobs across our state.”

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