The bill mandates the Department of Natural Resources, in collaboration with the Department of Enterprise Services, to assess the carbon sequestration potential of state-owned lands to generate carbon offset credits under the Climate Commitment Act. This assessment will evaluate both natural and built environments and will consider future protocols that may be adopted for carbon offset credits, including those in voluntary carbon markets. The bill outlines the necessity for coordination with several state agencies, including the Department of Fish and Wildlife, the State Parks and Recreation Commission, and the Department of Transportation, to ensure a comprehensive analysis.

Additionally, the bill requires the completion of this assessment by December 31, 2025, and mandates the submission of a report to the legislature detailing the findings and recommendations for future collaboration with local governments. This initiative aims to enhance the state's efforts in carbon management and contribute to its climate goals.

Statutes affected:
Original Bill: 70A.65.210