ARTICLE 1. Natural and Working Lands
Article 1 heading added by Stats. 2022, Ch. 359, Sec. 1.
§§ 39740–39740.8 · 9 sections
- § 39740 The Legislature finds and declares all of the following: (a) Climate change is causing historic droughts, devastating wildfires, storms, extreme heat, the…
- § 39740.1 For purposes of this chapter, the following definitions apply: (a) “Natural and working lands-based carbon sequestration” means sustainable resource management…
- § 39740.2 (a) No later than July 1, 2023, the Natural Resources Agency, in coordination with the California Environmental Protection Agency, the state board, the…
- § 39740.3 (a) No later than July 1, 2023, the Natural Resources Agency shall establish and maintain a registry called the California Carbon Sequestration and Climate…
- § 39740.4 Beginning on the date the registry is established pursuant to Section 39740.3, projects that have applied for funding from one of the state programs funded…
- § 39740.5 (a) The Natural Resources Agency, in collaboration with relevant state agencies and in consultation with diverse stakeholders, may create an application…
- § 39740.6 If a state or private entity contacts the Natural Resources Agency and chooses to fund a project on the registry, the Natural Resources Agency shall establish…
- § 39740.7 (a) The Natural Resources Agency shall track carbon removal and greenhouse gas emission reduction benefits derived from projects funded through the registry.…
- § 39740.8 The Natural Resources Agency may contract with a third-party organization to develop and operate the registry.