Nevada Revised Statutes Title 17. State Legislative Department § SB 451, Preamble SB 451, Preamble. Preamble

WHEREAS, Senate Bill No. 254 of the 2019 Session of the Nevada Legislature (Chapter 323, Statutes of Nevada 2019, at page 1970) established a statewide goal of reducing greenhouse gas emissions to 28 percent below the 2005 level of such emissions by 2025, to 45 percent below the 2005 level of such emissions by 2030 and to zero or near-zero by 2050; and

WHEREAS, The State Climate Strategy establishes a plan for achieving the targets established by Senate Bill No. 254 for the reduction of greenhouse gas emissions and has identified clean hydrogen and clean hydrogen technologies, including, without limitation, hydrogen fuel cell vehicles and hydrogen fueling stations, as opportunities to reduce greenhouse gas emissions in this State; and

WHEREAS, Global economic activity involving the production, processing, delivery, storage and use of clean hydrogen is currently valued at more than $100 billion per year in 2022 and is expected to grow across the world as demand for clean energy increases; and

WHEREAS, The emergence of end-use applications for energy produced from clean hydrogen, including, without limitation, in transportation, seasonal energy storage and the global energy trade, provide an opportunity for this State to meet its targets for the reduction of greenhouse gas emissions while at the same time enhancing economic development, job creation and the collection of tax revenue in this State; and

WHEREAS, Encouraging the expansion of the use of clean hydrogen will decrease the emission of greenhouse gases in this State, which will have the effect of improving the health of Nevadans through the improvement of air quality, especially for economically disadvantaged Nevadans and communities of color;