Senator LINDA R. GREENSTEIN
District 14 (Mercer and Middlesex)
Senator TROY SINGLETON
District 7 (Burlington)
Assemblyman ANDREW ZWICKER
District 16 (Hunterdon, Mercer, Middlesex and Somerset)
Assemblyman RAJ MUKHERJI
District 33 (Hudson)
Assemblywoman LISA SWAIN
District 38 (Bergen and Passaic)
Senator Gopal, Assemblywoman Vainieri Huttle, Assemblymen Chiaravalloti, Karabinchak and Assemblywoman Pinkin
Requires State to use 20-year time horizon and most recent Intergovernmental Panel on Climate Change Assessment Report when calculating global warming potential to measure global warming impact of greenhouse gases.
CURRENT VERSION OF TEXT
As reported by the Senate Environment and Energy Committee on May 16, 2019, with amendments.
An Act concerning measurement of the global warming impact of greenhouse gases and supplementing Title 26 of the Revised Statutes.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. Whenever the Department of Environmental Protection, 1the1 Board of Public Utilities, or any other State agency calculates a global warming potential for the purposes of assessing the global warming impact of 1a1 greenhouse 1[gasses] gas1 , the Department of Environmental Protection, the Board of Public Utilities, or other State agency shall use a 20-year time horizon.
b. Whenever relevant to assessing global warming impacts, the Department of Environmental Protection, the Board of Public Utilities, or any other State agency shall use the most recent version of the Intergovernmental Panel on Climate Change’s Assessment Report, or a substantially similar, more recent report that addresses global warming impacts at a comparably rigorous level.
c. Whenever the Department of Environmental Protection, the Board of Public Utilities, or any other State agency performs a 1[socioeconomic] socio-economic1 impact analysis pursuant to section 4 of P.L.1968, c.410 (C.52:14B-4), and that analysis involves the 1[socioeconomic] socio-economic1 impact of global warming, the agency shall use the lowest discount rates that are consistent with federal guidelines, including the federal Office of Management and Budget Circular A-94, or successor guidance.
2. This act shall take effect immediately.