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New Colorado bill proposes hard limits on greenhouse gas emissions by industry

Democratic lawmakers want to restrict the greenhouse gases that key industries in Colorado’s economy can emit by cutting those emissions in half by 2030.

COLORADO, USA — Some Democratic lawmakers want to restrict the greenhouse gases that key industries in Colorado’s economy can emit by cutting those emissions in half by 2030, but the idea will have to overcome opposition that includes the state’s governor and oil industry.

Senate Bill 200, introduced Tuesday, would set defined statewide caps on annual emissions by power utilities and oil and gas production, and limit greenhouse gases from the transportation and industrial sectors, as well as those connected to commercial and residential buildings.

>Video above aired in January: Colorado governor provides update on state's climate plan.

Those economic sectors would be limited to emissions of a specified number of millions of metric tons of carbon dioxide equivalent per year by 2025, and then be required to reach a much lower annual limit by 2030.

The proposed industry caps would cut 54 million metric tons of CO2 equivalent from what they are currently thought to generate annually.

 > Read the full story at Denver Business Journal

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