Texas 2023 - 88th Regular

Texas House Bill HB4225 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New	Differences
1	1	88R14588 KBB-D
2	2	By: Zwiener H.B. No. 4225
3	3
4	4
5	5	A BILL TO BE ENTITLED
6	6	AN ACT
7	7	relating to a study conducted by the Railroad Commission of Texas to
8	8	determine the net reduction in the amount of carbon dioxide in the
9	9	atmosphere resulting from the use of carbon capture, utilization,
10	10	and storage technology.
11	11	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
12	12	SECTION 1. DEFINITIONS. In this Act:
13	13	(1) "Carbon capture technology" means technology that
14	14	captures, stores, and uses high concentrations of carbon dioxide.
15	15	(2) "Commission" means the Railroad Commission of
16	16	Texas.
17	17	SECTION 2. STUDY. (a) The commission shall conduct a study
18	18	of ongoing carbon capture technology projects to:
19	19	(1) assess the net reduction in the amount of carbon
20	20	dioxide in the atmosphere resulting from the use of carbon capture
21	21	technology; and
22	22	(2) determine whether each carbon capture technology
23	23	examined removes more carbon dioxide from the atmosphere than it
24	24	contributes.
25	25	(b) In conducting the study under Subsection (a) of this
26	26	section, the commission shall:
27	27	(1) establish an accounting framework that includes a
28	28	project life-cycle analysis to determine the net amount of carbon
29	29	dioxide sequestered from projects using carbon capture technology;
30	30	and
31	31	(2) coordinate with the Bureau of Economic Geology of
32	32	The University of Texas at Austin, the Texas Commission on
33	33	Environmental Quality, and other appropriate agencies.
34	34	(c) For a carbon capture technology project included in the
35	35	study under Subsection (a) of this section, the study must:
36	36	(1) establish a method of accurately measuring and
37	37	reporting the volumes of carbon dioxide captured by the project;
38	38	(2) accurately identify the amount of carbon dioxide
39	39	the project removes from the atmosphere; and
40	40	(3) determine whether the project provides a net
41	41	reduction of carbon dioxide in the atmosphere over the project's
42	42	life-cycle based on the amount of carbon dioxide removed and the
43	43	amount of carbon dioxide emitted by the sequestration activities.
44	44	(d) To the extent that carbon capture technology projects
45	45	are used for enhanced oil recovery operations, the study must:
46	46	(1) account for whether those enhanced oil recovery
47	47	operations on the whole result in:
48	48	(A) an increase of the total amount of the oil
49	49	produced by operations using that technology and by operations not
50	50	using that technology; or
51	51	(B) a decrease in the amount of oil produced by
52	52	operations not using that technology in an amount that equals or
53	53	exceeds the amount of oil produced by operations using that
54	54	technology; and
55	55	(2) account for contributions to the atmosphere of
56	56	carbon dioxide from the projects.
57	57	SECTION 3. REPORT. Not later than September 1, 2024, the
58	58	commission shall prepare and submit a report to the legislature
59	59	that includes:
60	60	(1) the methodology used to perform the study;
61	61	(2) the information already available to the
62	62	commission and any information needed to provide an accurate
63	63	accounting of how much carbon dioxide each carbon capture
64	64	technology project removes from the atmosphere;
65	65	(3) the information needed to assess different types
66	66	of carbon capture technology, including direct air capture
67	67	technology; and
68	68	(4) a framework that would allow the commission to
69	69	accurately assess the effectiveness of all ongoing carbon capture
70	70	technology projects and the likely effectiveness of carbon capture
71	71	technology projects to be considered in the future.
72	72	SECTION 4. EXPIRATION. This Act expires September 1, 2025.
73	73	SECTION 5. EFFECTIVE DATE. This Act takes effect September
74	74	1, 2023.