Existing studies must be considered in setting emissions rates
What the document says“the Secretary shall consider studies published on or before the date of enactment of this clause which demonstrate a net lifecycle greenhouse gas emissions rate which is not greater than zero using widely accepted lifecycle assessment concepts”
The section adds a new clause (iii) to section 45Y(b)(2)(C) of the Internal Revenue Code of 1986 requiring the Secretary, in setting greenhouse gas emissions rates for types or categories of facilities, to consider studies published on or before enactment that show a net lifecycle rate no greater than zero using widely accepted lifecycle assessment concepts such as those in International Organization for Standardization standards.
What the document actually says“the Secretary shall consider studies published on or before the date of enactment of this clause which demonstrate a net lifecycle greenhouse gas emissions rate which is not greater than zero using widely accepted lifecycle assessment concepts”
The Secretary must weigh studies already out. They must show a net rate of zero or less. They must use methods that are widely used.
Lifecycle means the whole span of a plant. The study must be published by the day this law passed. One named standards body is given as an example.
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