Texas Senate Bill SB2243

Texas 2023 - 88th Regular

• Filed: 3/10/23

Caption

Relating to advanced clean energy projects and certain other projects that reduce or eliminate carbon dioxide emissions.

Impact

If enacted, SB2243 would directly affect state laws related to air quality and emissions from energy facilities. It sets stringent emission reduction goals while simultaneously offering tax exemptions for components of clean energy projects that help achieve these reductions. This aligns with broader goals to transition Texas toward cleaner energy sources and demonstrate the state's commitment to environmental responsibility, potentially enhancing its economic competitiveness in the growing renewable energy sector.

Summary

SB2243 aims to establish a framework for advanced clean energy projects in Texas that focus on reducing or eliminating carbon dioxide emissions. The bill amends several sections in the Health and Safety Code and the Tax Code, promoting the development of projects that utilize various energy sources, including coal and natural gas, while incorporating technologies that significantly reduce harmful emissions. A significant focus of the bill is to encourage emissions reductions of up to 99% for sulfur dioxide and at least 90% for carbon dioxide from eligible projects, which provides a clear and ambitious standard for environmental performance in the state's energy landscape.

Sentiment

The sentiment surrounding SB2243 appears to be cautiously optimistic, with proponents emphasizing the necessity of advancing clean energy initiatives while carefully balancing the needs of various industries reliant on fossil fuels. Supporters view it as a positive step towards cleaner air while still accommodating existing energy infrastructures. However, there are voices of caution among some stakeholders who fear that the ambitious emission reduction targets may impose undue burdens on energy producers, potentially leading to higher costs that could be passed on to consumers.

Contention

There are notable points of contention concerning the balance between environmental goals and economic viability. Critics express concern that while the bill aims to promote cleaner technologies, the implementation of such standards may lead to unintended consequences, including disruptions in service and reliability if energy producers are unable to meet stringent requirements. Additionally, the bill does not comprehensively address how these transitions will affect jobs in traditional energy sectors, raising questions about the social and economic impacts on communities that rely heavily on fossil fuel industries.

Texas Constitutional Statutes Affected

Health And Safety Code

• Chapter 382. Clean Air Act
  • Section: New Section

• Chapter 391. New Technology Implementation For Facilities And Stationary Sources
  • Section: New Section

Tax Code

• Chapter 151. Limited Sales, Excise, And Use Tax
  • Section: 334

Natural Resources Code

• Chapter 120. Verification, Monitoring, And Certification Of Clean Energy Project
  • Section: 001