Bill
SD 1532
Overview: SD 1532, "An Act to expand carbon pricing in the commonwealth", is a proposed bill introduced on November 29, 2025.Purpose and Intent: The bill aims to expand the use of
Overview: SD 1532, "An Act to expand carbon pricing in the commonwealth", is a proposed bill introduced on November 29, 2025.
Purpose and Intent: The bill aims to expand the use of carbon pricing mechanisms in Massachusetts as a means of reducing greenhouse gas emissions and driving the transition to a low-carbon economy.
Key Provisions:
- Establishes a statewide carbon pricing system that applies to all major sources of greenhouse gas emissions, including the transportation, electricity, and industrial sectors
- Sets an initial carbon price of $25 per metric ton of CO2 equivalent, with annual increases to incentivize emissions reductions
- Directs the revenue generated from the carbon pricing system to be invested in clean energy initiatives, energy efficiency programs, and support for low-income households and communities disproportionately impacted by climate change
- Requires the development of a comprehensive plan to achieve net-zero emissions by 2045, with interim targets and regular progress reporting
Affected Parties and Impacts: The bill would impact a wide range of stakeholders, including businesses, consumers, and residents across Massachusetts. Fossil fuel-intensive industries would face increased costs, while clean energy and energy efficiency sectors would likely see increased investment and growth. Low-income households may be eligible for assistance to offset the impacts of higher energy prices.
Procedural and Timeline Considerations: As a proposed bill, SD 1532 would need to go through the standard legislative process, including committee hearings, floor votes in both the Senate and House, and potential reconciliation between the chambers. If passed, the carbon pricing system and net-zero emissions plan would need to be implemented within 24 months of the bill's effective date.
Compiled from official sources — confirm details with the bill’s official record.
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