Md. Code, Econ. Dev. § 10-858

Current with changes from the 2024 Legislative Session
Section 10-858 - Definitions
(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.

Md. Code, EC § 10-858

Added by 2024 Md. Laws, Ch. 474,Sec. 2, eff. 6/1/2024.