Would have required CARB to develop, by January 1, 2027, a plan to include ocean carbon dioxide removal technology and projects that it determines are environmentally safe and sustainable into the Carbon Capture, Removal, Utilization, and Storage Program and qualify those projects for inclusion in carbon credit programs, including but not limited to the Low Carbon Fuel Standard and the Cap-and-Trade program. Would have required CARB and any agency with a relevant financial incentive program to consider whether it is appropriate to include an ocean carbon dioxide removal project in that program, to the extent the project achieves similar or better climate and environmental program goals. Finally, would have required CARB to coordinate with other State agencies to develop a single point of contact to coordinate and streamline permitting of those projects, work with existing interagency groups to include research on these projects in future scoping studies, and cooperate with specified entities on workforce issues with these projects. Held on suspense in the Assembly Appropriations Committee.
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