An Act providing for the abrogation of regulations relating to the CO2 Budget Trading Program.

This Pennsylvania bill cancels existing rules that governed the state's CO2 Budget Trading Program, a system designed to manage carbon emissions through a cap-and-trade mechanism. By repealing the specific regulations found in the state's administrative code, the legislation effectively ends the current framework for trading carbon allowances and managing emission limits. The law takes effect immediately upon passage, removing the legal basis for the program's operations without altering the underlying concept of the trading system itself.