Plain English Breakdown
The exact details of how grants will be awarded are not specified in the bill.
Marine Carbon Initiative
This law establishes a Marine Carbon Initiative to advance research and understanding of marine carbon dioxide removal and sequestration.
What This Bill Does
- Establishes the Marine Carbon Initiative with objectives to advance research on marine carbon dioxide removal and sequestration.
- Requires the State Air Resources Board to establish the Marine Carbon Council by July 1, 2027, consisting of seven members chosen for their expertise in relevant fields.
- Sets up a Marine Carbon Research Program starting August 1, 2028, which awards grants and other financial incentives for eligible marine carbon dioxide removal projects.
- Requires the council to submit biennial reports on findings and progress starting January 1, 2029.
Who It Names or Affects
- The State Air Resources Board
- Scientists studying ocean carbon removal
- Organizations applying for grants to remove or store carbon dioxide in the ocean
Terms To Know
- Marine Carbon Initiative
- A program that advances research and understanding of marine carbon dioxide removal and sequestration.
- Marine Carbon Council
- A group of experts chosen by the State Air Resources Board to advise on marine carbon dioxide removal methods and technologies.
Limits and Unknowns
- The initiative requires annual funding approval by the Legislature.
- Details about how grants will be awarded are not specified in this bill.