Creates provisions relating to a plan to reduce statewide carbon emissions
Impact
If enacted, SB1423 is expected to significantly influence Missouri's approach to energy generation and environmental policy. By requiring state agencies to adopt clean energy solutions for new plans aimed at reducing carbon emissions, the bill aligns state policies with broader climate goals. The emphasis on modernization of the electricity grid, including improvements in energy efficiency and technological advancements, suggests a shift towards more sustainable energy practices within the state. This could also encourage investments in renewable technologies and related infrastructure.
Summary
Senate Bill 1423, introduced by Senator Fitzwater, aims to amend chapter 386 of the Revised Statutes of Missouri by adding a new section that relates to the reduction of statewide carbon emissions. The bill mandates that any state agency developing a plan to reduce carbon dioxide emissions from electric generating facilities operated by public utilities must focus on achieving this goal through the use of clean energy sources. This includes a range of renewable energy types such as solar, wind, hydro, biomass, and nuclear power while explicitly excluding fossil fuels like coal, oil, and natural gas.
Contention
Notably, the bill may face contention regarding its definition of 'clean energy' and the potential economic implications of transitioning away from traditional energy sources. Supporters advocate for the environmental benefits and alignment with global efforts against climate change, while opponents may express concerns about the reliability of renewable energy sources and the short-term economic impact on industries tied to fossil fuels. The cost-effectiveness of implementing these changes could also be a debated point, as stakeholders weigh the initial investments necessary against long-term environmental and economic benefits.