Enacts the "renewable natural gas standard act" to require gas corporations to procure renewable natural gas for distribution to customers.
The bill enacts the "renewable natural natural gas standard act," requiring the Public Service Commission to establish a program mandating gas corporations to procure renewable natural gas from third parties, including affiliates, for distribution to natural gas customers. The program must set targets for the percentage of total volumetric purchases that must be renewable natural gas, starting at 5% by 2027 and increasing to 25% by 2050.
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