Support the Creation of a Boulder County Energy Impact Offset Fund for Marijuana Growers Based on the Social Cost of Carbon
Thursday, May 22nd, 2:00 pm – 3:00 pm
Commissioner’s Hearing Room, Downtown Courthouse
1325 Pearl St., Boulder, CO 80302
Since the legalization of marijuana use and production in Colorado, there has been substantial growth in this industry – a highly energy intensive industry. Currently, any marijuana grow operations in Boulder County are required to produce or acquire 100% of their energy from renewable energy sources. Because of the complex nature of the energy market here in Colorado, it has been difficult for the industry to buy into solar gardens or install on-site solar to comply with this requirement.
Boulder County is proposing an amendment in the sustainability licencing requirements for marijuana growing operations to include an option to pay into an offset fund. There are two intentions of this fund:
- to directly and locally undo the impacts of this energy use through renewable energy or energy efficiency projects.
- to accelerate the ever changing best management practices for energy efficiency in the marijuana growing industry
The proposed offset fee would be 3.29 cents per kWh, which is based on the current carbon intensity of Xcel’s fuel supply and the social cost of carbon from the Federal Office of Management and Budget.
Show your support for investing locally in carbon mitigation. Clean Energy Action believes that creating this fund would be a great start to showing the true cost of our energy use.
Featured photo by James A Artis on Flickr