Cap and Trade

Cap and Trade Program Report (Wis. Stat. § 299.04; Section 289; pp. 153-54)

• Adds a new section to Wis. Stat. § 299.04:
  • DNR shall submit a report to the appropriate standing committees of the legislature, under s. 13.172 (3), and to the governor if any of the following occurs:
    • Enactment of federal legislation creating a federal cap and trade program.
    • Adoption of a federal regulation creating a federal cap and trade program.
    • Recommendation of a regional cap and trade program by governors of midwestern states, including the governor of this state, that would be applicable to any person in this state.
  • DNR shall include in the report a description of the cap and trade program and recommendations on any legislation that would be necessary to implement the cap and trade program in this state. In preparing the report DNR shall consult with state agencies that would be affected by the cap and trade program.