California Public Resources Code

§ 25625.2

PRC § 25625.2 Effective Sep 6, 2022Div. 15 · Ch. 7.2

Statute text

(a)The commission shall establish and administer the Climate Innovation Program to provide financial incentives to California-headquartered companies for developing and commercializing technologies that provide technological advancements that either help California meet its greenhouse gas reduction targets and achieve its climate goals on an accelerated timeline and at a lower cost, or enable the state to be more resilient to the impacts of climate change such as drought and wildfire.

(b)In administering the Climate Innovation Program, the commission shall do all of the following:

(1)Award funds to California-headquartered companies.

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Legislative history

Added by Stats. 2022, Ch. 251, Sec. 11. (AB 209) Effective September 6, 2022.