The Connecticut Business & Industry Association is the voice of business in Connecticut, with thousands of member companies championing change at the State Capitol, shaping debate about economic competitiveness, and fighting for a better future for all.
Requires the state to eliminate greenhouse gas emissions from electricity supplied to electric customers in the state by January 1, 2040. The bill establishes this requirement as an emissions reduction goal under the state’s Global Warming Solutions Act. Under this bill, the Global Warming Solutions Act requires the state to reduce greenhouse gas emissions from all sources to a level at least
10% below the level emitted in 1990 by January 1, 2020;
45% below the level emitted in 2001 by January 1, 2030;
80% below the level emitted in 2001 by January 1, 2050.
The bill additionally requires the state to reduce greenhouse gas emissions from electricity supplied to electric customers in the state to zero percent by January 1, 2040.
Turned into a task force to study the efficacy of assessing a fee on internet users to support public entertainment services. It seeks to create a new cost on virtual offices by creating a first of its kind tax on the internet for community access programming. Makes Connecticut the first state in the country with this internet tax. Defines a subscriber as any residential or commercial customer who purchases video streaming services, internet access services or cable tv services. In doing so, it requires those who subscribe to a multichannel video programming distributor for video streaming or internet access services to pay a $5 community access fee per year.
Creates a task to study the benefits and uses for hydrogen power.
Allows for the consideration of use leveraging nuclear energy by allowing the moratorium on construction of nuclear facilities to be lifted in Connection.
Granted PURA greater discretion to design utility revenue decoupling mechanisms or formulas. It would require the adoption of a cost-sharing mechanism for excess earnings with what appears to be an effort to direct most of the excess earnings back to ratepayers.