The bill establishes that carbon dioxide is a beneficial substance and not a pollutant, emphasizing its essential role in supporting life on Earth and agricultural productivity. It includes legislative findings that highlight the importance of carbon dioxide for plant growth, drought resistance, and the overall health of ecosystems. The state policy explicitly states that Wyoming will not pursue any measures aimed at reducing or eliminating carbon dioxide emissions, including "net-zero" targets. Additionally, the bill repeals existing low-carbon energy standard requirements and conflicting provisions, making conforming amendments to the relevant statutes.

Furthermore, the bill mandates that public utilities refund customers for certain rates previously charged under repealed provisions related to carbon capture, utilization, and storage technology. The public service commission is tasked with creating rules to implement these changes, and the act takes effect immediately upon completion of the necessary legislative processes. The amendments to definitions in the law clarify terms related to electricity generation, ensuring that the language aligns with the new policy direction regarding carbon dioxide.

Statutes affected:
Introduced: 37-1-101, 37-2-134, 37-18-101, 37-18-102