Text of Boxer's Manager Amendment to Lieberman-Warner Climate Security Act

Brad Johnson — Wed, 21 May 2008 16:27:00 -0500

Download the Full document. Titles are after the break.

Title I Immediate Action

Subtitle A Tracking Greenhouse‐Gas Emissions
Subtitle B Early Clean Technology Deployment
Subtitle C Research

Title II Capping Greenhouse‐Gas Emissions

Title III Reducing Emissions Through Offsets and International Allowances

Subtitle A Offsets in the United States
Subtitle B Offsets and Emission Allowances From Other Nations
Subtitle C Agriculture and Forestry Program in the United States

Title IV Establishing a Greenhouse‐Gas Emissions Trading Market

Subtitle A Trading
Subtitle B Market Oversight and Enforcement
Subtitle C Carbon Market Efficiency Board
Subtitle D Climate Change Technology Board
Subtitle E Auction on Consignment

Title V Federal Program to Prevent Economic Hardship

Subtitle A Banking
Subtitle H Transition Assistance for Natural‐Gas Processors
Subtitle I Federal Program for Consumers

Title VI Partnerships with States, Localities and Indian Tribes

Subtitle A Partnerships with State Governments to Prevent Economic Hardship While Promoting Efficiency
Subtitle B Partnerships with States, Localities, and Indian Tribes to Reduce Emissions
Subtitle C Partnerships with States and Indian Tribes to Adapt to Climate Change
Subtitle D Partnerships with States, Localities, and Indian Tribes to Protect Natural Resources

Title VII Recognizing Early Action

Title VIII Efficiency and Renewable Energy

Subtitle A Efficient Buildings
Subtitle B Efficient Equipment and Appliances
Subtitle C Efficient Manufacturing
Subtitle D Renewable Energy

Title IX Low‐Carbon Electricity and Advanced Research

Subtitle A Low‐ and Zero‐Carbon Electricity Technology
Subtitle B Advanced Research

Title X Future of Coal

Subtitle A Kick‐Start for Carbon Capture and Sequestration
Subtitle B Long‐Term Carbon Capture and Sequestration Incentives
Subtitle C Legal Framework

Title XI Future of Transportation

Subtitle A Kick‐Start for Clean Commercial Fleets 3
Subtitle B Advanced Vehicle Manufacturers
Subtitle C Cellulosic Biofuel
Subtitle D Low‐Carbon Fuel Standard

Title XII Federal Program to Protect Natural Resources

Subtitle A Funds
Subtitle B Bureau of Land Management Emergency Firefighting Program
Subtitle C Forest Service Emergency Firefighting Program
Subtitle D National Wildlife Adaptation Strategy
Subtitle E National Wildlife Adaptation Program

Title XIII International Partnerships to Reduce Emissions and Adapt

Subtitle A Promoting Fairness While Reducing Emissions
Subtitle B International Partnerships to Reduce Deforestation and Forest Degradation
Subtitle C International Partnerships to Deploy Clean Technology
Subtitle D International Partnerships to Adapt to Climate Change and Protect National Security

Title XIV Reducing the Deficit

Title XV Capping Hydrofluorocarbon Emissions

Title XVI Periodic Reviews and Recommendations

Title XVII Miscellaneous

Subtitle A Climate Security Act Administrative Fund
Subtitle B Paramount Interest Waiver
Subtitle C Administrative Procedure and Judicial Review
Subtitle D State Authority
Subtitle E Tribal Authority
Subtitle F Retail Carbon Offsets
Subtitle G Clean Air Act
Subtitle H Study on State‐Federal Program Interaction

Boxer Releases Preview of Lieberman-Warner Manager's Amendment

Brad Johnson — Mon, 19 May 2008 14:02:00 -0500

Sen. Barbara Boxer (D-Calif.) has released an overview of the “global warming substitute amendment” to the Lieberman-Warner Climate Security Act (S. 2191) that will be the subject of debate during the first week of June.

Changes from the version of Lieberman-Warner that was passed out of the Committee on Environment and Public Works last year include:

Title V, Subtitle C: Emergency Off-Ramps. “If the price of carbon allowances reaches a certain price range, there is a mechanism that will automatically release additional emission allowances onto the market to lower the price. The additional allowances are borrowed so that the environmental integrity of the caps over the long term is protected.”
Title V, Subtitle I: Financial Relief for Consumers. “The bill sets aside a nearly $800 billion tax relief fund through 2050, which will help consumers in need of assistance related to energy costs. The precise details of the relief will be developed by the Finance committee.”
Title XIV: Deficit Neutrality. “This section auctions allowances and transfers the proceeds to the Treasury to ensure that the bill is deficit-neutral.”

Full document.

Hill Heat: Tag Boxer