Bill No.
5-14
Concerning: Environment Sustainability
Social
Cost
of
Carbon
Assessments
Revised:
3/3112014
Draft No. 2
Introduced:
January 28, 2014
Enacted:
April 22, 2014
Executive: _ _ _ _ _ _ _ _ __
Effectiw: __________________
Sunset Date:
-'N~o:!!.n~e
__________
Ch. _ _, Laws of Mont
Co. _ ___
COUNTY COUNCIL
FOR MONTGOMERY COUNTY, MARYLAND
By: Councilmembers Berliner, Floreen, Riemer, Eirich, Andrews, and Navarro
AN
ACT to:
(1)
(2)
require the [[Office of Management and Budget to submit an analysis of the social
cost of carbon with certain capital projects in the Capital Improvements
Program]) Department of General Services to include the social cost of carbon as
a factor in determining the return on investment of certain energy efficiency
improvements; and
generally amend County law regarding the analysis of capital projects and
environmental sustainability.
By adding
Montgomery County Code
Chapter 18A, Environment Sustainability
Section 18A-16A
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Addedto existing law by original bill.
Deletedfrom existing law by original bill.
Added by amendment.
Deletedfrom existing law or the bill by amendment.
Existing law unqffected
by
bill.
The County Council for Montgomery County, Maryland approves the following Act:
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Bill
No. 5-14
1
Sec.
1.
S~ction
18A-16A
is
added as follows:
18A-16A.
Social cost of carbon assessment.
Definitions.
In
this Section, the following words have the meanings
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indicated:
Department
means the Department of General Services.
Director
means the Director of the [[Office]] Department or the
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Director's designee.
Energy Project
means an energy efficiency or renewable energy
improvement to a building or facility that is expected to reduce the
onsite consumption of electricity. natural gas. or other fuels.
[[Applicable capital project
means any proposed building project
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administered
Qy:
the Department of General Services or the Parking
Management Division of the Department of Transportation.]]
[[Otlice
means the Office ofManagement and Budget.]]
Return on Investment
means a performance measure used to evaluate
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them fmancial return of an energy project. including reasonable
forecasts of energy costs and other factors.
Social cost gfcarbon
means an estimate of the economic damages or
damages avoided associated with the increase or reduction of one
metric ton of carbon dioxide emissions.
(hl
[[For each applicable capital project in the Capital Improvements
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Program during facility planning, the Office of Management and
Budget must include
i!h
or transmit with, the CIP an analysis of the
social cost of carbon from that project]] When
evaluating~
building to
determine whether to improve the building'S energy efficiency. the
Department must include the social cost of carbon as a factor in
determining the return on investment of the proposed energy
efficiency improvements.
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BILL No. 5-14
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In
performing its analysis, [[OMB]] the Department must use the
standard developed
Qy
the United States Environmental Protection
Agency or
~
standard the Director fmds equivalent.
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In performing its analysis, [[OMB]] the Department should consult
the Department of Environmental Protection and any other County
department or agency with expertise in environmental sustainability.
Approved:
Date
Approved:
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Isiah Leggett, County Executive
Date
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This is a correct copy o/Council action.
Linda M. Lauer, Clerk ofthe Council
Date
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