Oregon’s Climate Protection Program: Aiming for 90% Reduction in Greenhouse Gas Emissions by 2050

Oregon’s Climate Protection Program: Aiming for 90% Reduction in Greenhouse Gas Emissions by 2050

November 22, 2024 Catherine Williams - Chief Editor Business

The Environmental Quality Commission (EQC) in Oregon has launched the Climate Protection Program to cut climate pollution from fossil fuels. The program, approved on November 21, aims for a 50% reduction in greenhouse gas emissions by 2035 and a 90% reduction by 2050.

Governor Tina Kotek supports the program. She stated that it will hold polluters accountable and help fund projects that reduce emissions in Oregon.

This program follows a December 2023 court decision that canceled earlier rules due to a procedural mistake. The Oregon Department of Environmental Quality (DEQ) then organized a new rulemaking process that included input from various groups.

Important details of the 2024 rules include:

  1. Regulations for Emissions-Intensive Industries: New rules will focus on industries that produce high emissions.

  2. Carbon Intensity Targets: Targets will be set for the carbon intensity of manufacturing facilities.

  3. Coordination on Gas Rates: The DEQ will work with the Oregon Public Utilities Commission to track natural gas rates.

  4. Emphasis on Environmental Justice: The program will audit projects aimed at community climate investment to ensure they help environmental justice communities.

EQC Chair Matt Donegan said this program shows Oregon’s commitment to fighting climate change, supporting a competitive economy, and investing in affected communities.

DEQ will manage emission caps by giving out a limited number of free credits to regulated companies, like fossil fuel suppliers and large manufacturers. Each credit allows one ton of emissions. Companies can save, trade, or gain more credits by working on approved Community Climate Investments.

DEQ Director Leah Feldon noted this regulation change was requested by the business community, allowing manufacturers to adapt to the new rules.

The first compliance phase starts on January 1, 2025, and lasts until the end of 2027. During this time, DEQ will set new carbon emissions intensity targets for the next compliance phase, covering 2028 to 2029.