The bill establishes that carbon dioxide is not to be classified as a pollutant but rather as a beneficial substance essential for life on Earth. It includes legislative findings that highlight the importance of carbon dioxide for plant growth, agricultural productivity, and overall ecological health. The state of Wyoming's policy explicitly states that carbon dioxide should not be treated as a contaminant, and it prohibits the pursuit of any targets 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.
Furthermore, the bill mandates that public utilities must refund customers for certain rates previously charged under repealed provisions related to carbon capture technology, with specific exceptions for expenditures made prior to the bill's effective date. The public service commission is tasked with creating the necessary rules to implement these changes, and the act is set to take effect immediately upon completion of the legislative process.
Statutes affected: Introduced: 37-1-101, 37-2-134, 37-18-101, 37-18-102