Establishes the Climate Resiliency Fund Act to address climate change adaptation projects in Tennessee.
The Tennessee Climate Resiliency Fund Act creates a fund to finance climate change adaptation projects. The fund is financed by cost recovery demands on responsible parties, defined as entities involved in fossil fuel extraction or refining. The Department of Environment and Conservation administers the fund, which must be used for qualified expenditures on climate change adaptation projects and reasonable administrative expenses. The act also establishes a resilience implementation strategy to identify and prioritize projects.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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