Colorado has new climate goals etched into state law and a slew of new tax credits and programs to help get it there.
Gov. Jared Polis signed into law Thursday a package of bills that includes reducing greenhouse gas emissions by 100% come 2050, a program to automate and streamline local solar energy permitting, encourage geothermal heating and cooling and a tax credit package to incentivize more electric vehicles.
That bill creates some $200 million in tax incentives over the next several years to promote electric bicycle, car and truck purchases, as well as geothermal, heat pump, industrial clean energy and other initiatives. “It’s going to take every tool in the toolkit for us to reach our climate goals,” state Sen. Chris Hansen, a Denver Democrat and sponsor on several of the climate bills, said. “We need to decarbonize every part of our economy and every part of our state.”
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