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policy instrument · 2030
SB308 (Carbon Dioxide Removal Market Development Act)
Jurisdiction countryUnited States
Instrument typecompliance-inclusion
Authoritygovernment
Scopecarbon removal only
Statuslegislated
DetailCreates the first CDR compliance market in California by requiring the state to use CDR to counterbalance CO2 emissions from state emitters. Beginning in 2030, CDR would be used to remove at least 1% of the state's remaining emissions before scaling to 100% by 2045. The bill was passed by the Senate and passed out of the Assembly Natural Resources Committee in July 2024 with a 9-2 vote, proceeding
Stated statuslegislated
Pathway scopeall-cdr
Pathway noterequires state to use CDR generally to counterbalance emissions without specifying pathways
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