March 15, 2009
The express purpose of the bill is to call for the creation of a “Texas Center for Sustainable Business” that will compile a “Sustainable Business Action Plan.” These tools will serve as valuable resources for Texas businesses that may soon be forced to comply with federal greenhouse gas reduction laws.
The bill sets actual emission reduction targets. The bill borrows the federal reduction targets agreed to by the members of the US Climate Action Partnership, a collaborative effort between businesses and environmental groups. The reduction targets begin with a permissible range for emission reductions, and moves to firm targets over time. This approach allows businesses time to ramp-up and adapt.
This bill expands the role of the State Energy Conservation Office (SECO) located within the comptroller’s office. This bill authorizes SECO to guide and coordinate a plan for Texas to reduce our carbon emissions.
This bill aims to offer a solution to businesses concerned about being penalized for taking early action. The bill addresses this concern in two ways:
This bill will give Texas a valuable seat at the table in Washington DC as the rules of carbon emission reductions are being written. This bill says Texas should be rewarded for its investments in clean energy, not punished for doing much of the dirty work for the rest of the world.