Ongoing Legislation from 2017

In 2017, several North East states proposed legislation that would reduce greenhouse gas emissions by setting a price on carbon, and we’ve been tracking these bills since their inception. Now that the 2018 session is getting started, these bills will be moving through their respective legislatures once again. Here is a list and short summary of the bills:

Connecticut

  • HB7247 (2017) – A revenue positive bill with carbon priced at $15 per ton.

Massachusetts

  • SB 1821 – A revenue neutral bill with carbon priced at $10 per ton.
  • H.1726 – A revenue positive bill with carbon priced at $20 per ton with a rate increase of $5 per year until it reaches $40 per ton.
  • H.3473 – A revenue positive bill with carbon priced at $15 per ton with a rate increase of  $10 per year.

New Hampshire

  • HB1230 – Establishes a study commission on creating a price on carbon.

New York

  • S02846 and A00107 – A revenue positive bill with carbon priced at $35 per ton with a rate increase of $15 per year until it reaches $185 per ton.
  • S04598 and A01919 – Establishes a study commission on creating a price on carbon.

Rhode Island

  • H5369 and S0365 – A revenue positive bill with carbon priced at $15 per ton with a rate increase of $5 per year.

Vermont