Establishes a climate action cost council to limit the number of rules and regulations promulgated annually to meet climate goals.

The bill amends the environmental conservation law to establish a Climate Action Cost Council. This council, consisting of nine members appointed by various state officials, will review and approve regulations related to statewide greenhouse gas emissions limits. The council must consider the costs, grid impact, and emissions reduction of any regulatory measure before approval. It will meet quarterly and hold public meetings in major cities. The council can promulgate up to five rules annually and must submit an annual report to the governor and legislature.

Establishes a climate action cost council to limit the number of rules and regulations promulgated annually to meet climate goals.

The bill amends the environmental conservation law to establish a Climate Action Cost Council. This council, consisting of nine members appointed by various state officials, will review and approve regulations related to statewide greenhouse gas emissions limits. The council must consider the costs, grid impact, and emissions reduction of any regulatory measure before approval. It will meet quarterly and hold public meetings in major cities. The council can promulgate up to five rules annually and must submit an annual report to the governor and legislature.