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Article - Economic Development




§10–858.

    (a)    In this part the following words have the meanings indicated.

    (b)    “Climate technology” includes:

        (1)    solar energy;

        (2)    wind energy;

        (3)    energy storage devices;

        (4)    grid modernization;

        (5)    carbon capture utilization and storage; and

        (6)    any other technology defined by the Center that:

            (i)    reduces greenhouse gas emissions;

            (ii)    mitigates the impacts of climate change; or

            (iii)    provides a negative emission benefit in the electric, oil, or gas sector.

    (c)    “Fund” means the Climate Technology Founder’s Fund.

    (d)    “Qualified project” means a project related to climate technology.



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