SECTION 1.
The Legislature finds and declares all of the following:(a) California has set the targets to reduce carbon emissions 40 percent below 1990 levels by 2030 and 80 percent below 1990 levels by 2050.
(b) In 2020, Governor Gavin Newsom signed Executive Order No. N-82-20, directing the Natural Resources Agency, in consultation with other state agencies, to develop a Natural and Working Lands Climate Smart Strategy that serves as a framework to advance the state’s carbon neutrality goal and build climate resilience.
(c) Executive Order No. N-82-20 also set the goal to conserve at least 30 percent of state land and coastal waters by 2030 and a recent Natural Resources Agency report on implementation recognizes the need to restore degraded coastal habitats to capture carbon and mitigate climate change impacts.
(d) Blue carbon, carbon held and stored in coastal vegetation, such as seagrasses and wetlands, holds great potential to help the state meet its climate goals. Recent studies have found that coastal wetlands in some instances capture carbon at a greater rate than tropical forests and store three to five times more carbon per equivalent area than these forests.
(e) The State Air Resources Board’s draft 2022 scoping plan update does not specifically include blue carbon in the state’s natural and working lands inventory due, in part, to the limited availability of data and methodologies to inventory the stored carbon.
(f) Given the potential of blue carbon sequestration, blue carbon demonstration projects in California may help the state better understand how blue carbon could potentially contribute to the state achieving its carbon neutrality and climate resilience goals.