Rep. Matt Boehnke, R-Kennewick, has introduced a bill that seeks to help Washington state achieve a net-zero greenhouse gas emissions future through technological innovation and research and development tax credits.

Washington emits about 100 million tons of carbon dioxide per year. While the state has some low-carbon solutions to address these emissions, many are not yet cost competitive. As a result, Boehnke says new solutions are needed.

House Bill 1864, also known as the Advanced Technology Leadership and Security Act, would establish a strategic fund for the recruitment and retention of the most talented academics across Washington in the fields of science, technology, engineering, and mathematics. The bill would also provide a business and occupation tax credit for research and development across the clean technology sector.

“If we’re going to reach our greenhouse gas reduction goals and achieve net-zero climate pollution by 2050, we’re going to need to speed up the innovation cycle,” said Boehnke. “Starting businesses, launching strategic initiatives, and taking risks all require a strong business climate that encourages innovation and development. My bill seeks to position Washington state as a leader in the clean technology sector, not through mandates, but incentives. My goal is to bring the best research talent to our state, keep that talent here, and help train up the next generation of innovators, all while cutting taxes for small businesses so they can create the technology and jobs of the future.”

Boehnke’s bill is scheduled to receive a hearing Thursday morning in the House Finance Committee.