'A bill to direct the Administrator of the Environmental Protection Agency to establish a program to decrease emissions of greenhouse gases, and for other purposes. '



Bill # S.2191



Original Sponsor:

Joseph Lieberman (I-CT)



Cosponsor Total: 12

(last sponsor added 02/28/2008)
  7 Democrats
  1 Independents
  4 Republicans

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About This Legislation:


10/18/2007--Introduced.
America's Climate Security Act of 2007 - Requires the Administrator of the Environmental Protection Agency (EPA) to establish: (1) a greenhouse gas (GHG) registry; and (2) a GHG emission allowance transfer system for covered facilities, including specified facilities within the electric power and industrial sectors and facilities that produce or entities that import petroleum- or coal- based transportation fuel or chemicals. Sets forth emission allowances for 2012-2050, with a declining cap on GHGs.


Provides for selling, exchanging, transferring, submitting, retiring, or borrowing emission allowances. Establishes: (1) a domestic offset program to sequester GHGs in agriculture and forests; and (2) the Bonus Allowance Account.

Establishes the Carbon Market Efficiency Board, which shall observe and report on the national GHG emission market and provide cost relief measures if it determines that the market poses significant harm to the U.S. economy.




Provides for the distribution of emission allowances, including initially giving allowances to: (1) specified owners and operators of covered facilities; (2) states; (3) load-serving entities that deliver electricity to retail consumers; (4) the Secretary of Agriculture to reduce GHG emissions in the agriculture and forestry sectors; (5) international forest protection activities; and (6) the Emission Allowance Account for covered facilities in the electric power and industrial sectors.


Establishes in the Treasury and provides for allocations from: (1) the Energy Assistance Fund; (2) the Climate Change Worker Training Fund; (3) the Adaptation Fund; and (4) the Climate Change and National Security Fund.


Establishes the Climate Change Credit Corporation to auction emission allowances. Provides for the use of auction proceeds, including for a zero- or low-carbon energy technologies program, an advanced coal and sequestration technologies program, incentives for production of fuel from cellulosic biomass, and an advanced technology vehicles manufacturing incentive program.


Amends the Energy Policy and Conservation Act to set forth provisions concerning appliance energy efficiency requirements and state building energy efficiency code updates.


Requires the President to establish an interagency group to determine whether foreign countries have addressed GHGs.


Directs the Administrator to establish an international reserve allowance program. Requires the proceeds from sales of such allowances to be used to mitigate the negative impacts of climate change on other countries' disadvantaged communities.


Amends the Safe Drinking Water Act to require the Administrator to permit commercial-scale underground injection of carbon dioxide for purposes of geological sequestration.


Requires the Secretary of Energy to study the feasibility of the construction of: (1) pipelines for the transportation of carbon dioxide for sequestration or enhanced oil recovery; and (2) geological carbon dioxide sequestration facilities.


Directs the Administrator to establish a task force to study the cost implications of potential federal assumption of liability with respect to closed geological storage sites.


Authorizes the President to waive this Act's requirements in a national security emergency.


Requires the Securities and Exchange Commission (SEC) to direct securities issuers to inform investors of material risks related to climate change.

Obviously preposterous and suicidal.

One thing.  I've heard Rush and Beck both decrying "cap and trade" as some sort of evil, anti-market system.  Cap and trade is a good thing IF the cap is a reasonable thing.  The trading system allows greater flexibility for large and (especially) small businesses to meet the requirements of the regulation.  It has been used in many other environmental regulations, and helps small businesses comply with regulations in cases where they might otherwise (without a trading system) be totally unable to comply and thus be put out of business entirely.

So, the "trade" part of "cap and trade" is a good thing.  The problem with this Bill is that placing a "cap" on GHG emissions is ..... well, ..... ridiculous, stupid, insane, preposterous, economy-killing, based on b.s. "science", pick your own adjective.  

I've said once or twice that the Endangered Species Act is one of the worst (if not THE worst) laws ever passed in this country.  If this Global Warming Bill becomes law and is actually enforced, it will put the ESA to shame.  It will unequivocally, unavoidably CRIPPLE the U.S. economy in a way that will make the Great Depression look like a slight hiccup.   Absolutely DEVASTATING.



Mum,
    Do you know which 4 Republicans co-sponsored the Bill?

     Also, I have been remiss in posting things in this Pending Legislation forum.  You're the only one who routinely posts here.  Don't go thinking that nobody cares just because there aren't many other posters.  I, for one, greatly appreciate your keeping us posted on what's going on in Congress. Please keep it up.

MCCAIN problably soponsered this piece of LIBERAL WORK. He is a CARD CARRYING LIBERAL PANDERER.

Layla 27 wrote:MCCAIN problably soponsered this piece of LIBERAL WORK. He is a CARD CARRYING LIBERAL PANDERER.

It wouldn't surprise me -- that's why I asked.  I can think of several of the RINO usual suspects that might have co-sponsored it; but it's more relevant if McCain was one of them.

Eyas wrote:

Layla 27 wrote:MCCAIN problably soponsered this piece of LIBERAL WORK. He is a CARD CARRYING LIBERAL PANDERER.

It wouldn't surprise me -- that's why I asked.  I can think of several of the RINO usual suspects that might have co-sponsored it; but it's more relevant if McCain was one of them.

Maybe Snowe, and her other senator form MAINE. They might as well JOIN  the DEMOCRAT PARTY.

Im already not voting for MCCAMNESTY for a NUMBER of pther reasons, so it wouldnt make much of a differrence.

Here are the Co-Sponsors:

Sen. Benjamin Cardin [D-MD]
Sen. Robert Casey [D-PA]
Sen. Thomas Harkin [D-IA]
Sen. Amy Klobuchar [D-MN]
Sen. Bill Nelson [D-FL]
Sen. Charles Schumer {D-NY]
Sen. Ron Wyden [D-OR]

Sen. Norm Coleman [R-MN]
Sen. Susan Collins [R-MN]
Sen. Elizabeth Dole [R-NC]
Sen. John Warner [R-VA]

McCain is not on this bill as a sponsor.  I believe it started out with he and Lieberman but he has probably taken his name off due to the fact that so many people have probably voiced opposition to his Global Warming policies.  He is still probably supporting the bill.

Am I missing something about Libby Dole?  I'm a little surprised to see her name there.

SoldiersMum wrote:Here are the Co-Sponsors:

Sen. Benjamin Cardin [D-MD]
Sen. Robert Casey [D-PA]
Sen. Thomas Harkin [D-IA]
Sen. Amy Klobuchar [D-MN]
Sen. Bill Nelson [D-FL]
Sen. Charles Schumer {D-NY]
Sen. Ron Wyden [D-OR]

Sen. Norm Coleman [R-MN]
Sen. Susan Collins [R-MN]
Sen. Elizabeth Dole [R-NC]
Sen. John Warner [R-VA]

McCain is not on this bill as a sponsor.  I believe it started out with he and Lieberman but he has probably taken his name off due to the fact that so many people have probably voiced opposition to his Global Warming policies.  He is still probably supporting the bill.

Snowe isnt here, but Collins, her regular supporter, who joined her THIS SUMMER, in SLAMMING OUR TROOPS and OUR WAR EFFORT, is.

I agree.I would not be suprised if MCCAMNESTY is COVERTLY SUPPORTING THIS BILL, trying to QUIETLY get it passed. Need to keep a close eye on it.

Bob Dole would be ashamed.

Warner and Coleman are both REGULAR RINOS in SWING STATES.

Eyas wrote:Am I missing something about Libby Dole?  I'm a little surprised to see her name there.

John Warner!  I just emailed his office!  He is obviously mentally ill at this point.  He should have retired years ago.

Senator John Warner

I am shocked to see Senator Warner’s name as a co-sponsor on S 2191.  This bill will destroy the American economy and lead to world-wide depression.  I urge you to withdraw your support from this unimaginably damaging piece of legislation.  

Secure the borders, take care of the war in Iraq and stop meddling with nonsensical, unproven speculation such as manmade global warming.  It is a farce and if the Senator reviewed any data on it he could come to no other conclusion.  

Here is Newt Ginghrich's petition to Drill Here, Drill Now, Pay Less.  Please go add your name to this petition.  It will be going to Congress next week as they discuss this Climate Bill.



http://www.americansolutions.com/actioncenter/petitions/?Guid=54ec6e43-75a8-445b-aa7b-346a1e096659