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2023 - 2024 LEGISLATURE
2023 ASSEMBLY BILL 811
December 8, 2023 - Introduced by Representatives NEUBAUER, J. ANDERSON,
EMERSON, C. ANDERSON, BALDEH, BARE, CONLEY, CONSIDINE, JACOBSON, JOERS,
MOORE OMOKUNDE, OHNSTAD, MADISON, PALMERI, RATCLIFF, SHELTON, SINICKI,
STUBBS, SUBECK and VINING, cosponsored by Senators ROYS, LARSON, AGARD,
TAYLOR and SPREITZER. Referred to Committee on Government Accountability
and Oversight.
***AUTHORS SUBJECT TO CHANGE***
AN ACT to create 196.025 (1h) of the statutes; relating to: considering the social
cost of carbon emissions.
Analysis by the Legislative Reference Bureau
This bill requires the Public Service Commission to consider the social cost of
carbon in determining whether to issue certificates required to construct large
electric generating facilities or high-voltage transmission lines or to engage in
certain other public utility projects. The bill defines “social cost of carbon” as the
social cost of carbon estimated in a technical support document prepared by the
federal Interagency Working Group on Social Cost of Greenhouse Gases for the use
of federal agencies in preparing regulatory impact analyses.
For further information see the state fiscal estimate, which will be printed as
an appendix to this bill.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
SECTION 1. 196.025 (1h) of the statutes is created to read:
196.025 (1h) SOCIAL COST OF CARBON EMISSIONS. (a) In this subsection, “social
cost of carbon” means the social cost of carbon as estimated in the Interagency
Working Group on Social Cost of Greenhouse Gases's Technical Support Document:
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6 - 2 -2023 - 2024 Legislature LRB-5171/1
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SECTION 1 ASSEMBLY BILL 811
Technical Update of the Social Cost of Carbon for Regulatory Impact Analysis –
Under Executive Order 12866 – August 2016, or, if revised, the most updated version
of that document.
(b) The commission shall consider the social cost of carbon in determining
whether to issue certificates under ss. 196.49 and 196.491 (3).
SECTION 2.0Initial applicability.
(1) The treatment of s. 196.025 (1h) (b) first applies to applications for
certificates that are received on the effective date of this subsection.
(END)
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