Climate MATTERS Act of 2008

To reduce global greenhouse gas emissions through the creation of a domestic carbon market and international trade measures, and to direct the revenue therefrom to public interests.

6/19/2008--Introduced.
Climate Market, Auction, Trust & Trade Emissions Reduction System Act of 2008, or the Climate MATTERS Act of 2008 - Declares the purpose of this Act to establish a federal program to reduce US greenhouse gas (GHG) emissions substantially enough by 2050 to avert the catastrophic impacts of global climate change. Directs the Secretary of the Treasury to establish an international reserve GHG emission allowance program, whose allowance sales proceeds shall be used to mitigate the negative impacts of global climate change on disadvantaged communities in World Trade Organization (WTO) participant countries. Establishes the International Climate Change Commission to determine annually whether a WTO participant country has taken certain action to limit its GHG emissions. Amends the Internal Revenue Code to:
(1) establish a system for issuing, auctioning, recording, and tracking GHG emission allowances; and
(2) impose an excess emissions penalty on owners or operators of covered facilities that fail to submit one or more emission allowances to the Secretary for any year. Establishes a Carbon Market Efficiency Board to:
(1) analyze information on the GHG emission allowance market; and
(2) authorize the Secretary to carry out cost relief measures if the market poses a substantial harm to the U.S. economy. Provides for the distribution of emission allowances to owners and operators of fossil fuel-fired electric power generating facilities and of energy intensive manufacturing facilities. Establishes:
(1) the Deficit Reduction Trust Fund; and
(2) the Citizen Protection Trust Fund (CPTF). Directs the Secretary to administer a Climate Change Rebate Program. Provides for a healthy families fund. Sets forth allocations of specified CPTF account funds for:
(1) investment in natural resource adaptation to impacts of climate change and ocean acidification;
(2) owners and operators of covered facilities who take actions that result in verified GHG emission reductions;
(3) states that comply with certain federal building energy standards;
(4) states with GHG emission reduction programs exceeding federal GHG emission reduction targets;
(5) reductions in GHG emissions from the agriculture and forestry sectors, including those from deforestation activities in foreign countries; and
(6) states and load-serving entities that implement energy-efficiency programs. Requires distribution of certain funds for grants for fixed guideway transit and other specified alternative transportation projects. Requires the Administrator of the Environmental Protection Agency (EPA) to:
(1) develop a federal greenhouse gas registry;
(2) make certain GHG emission determinations for covered facilities; and
(3) promulgate regulations that require that U.S. GHG emissions in uncovered sectors do not grow.


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Sponsor

• Rep. Lloyd Doggett [D, TX-25]
• and 92 Co-Sponsors
  • Rep. Neil Abercrombie [D, HI-1]
  • Rep. Gary Ackerman [D, NY-5]
  • Rep. Robert Andrews [D, NJ-1]
  • Rep. Michael Arcuri [D, NY-24]
  • Rep. Shelley Berkley [D, NV-1]
  • Rep. Timothy Bishop [D, NY-1]
  • Rep. Earl Blumenauer [D, OR-3]
  • Rep. Robert Brady [D, PA-1]
  • Rep. Corrine Brown [D, FL-3]
  • Rep. Michael Capuano [D, MA-8]
  • Rep. Kathy Castor [D, FL-11]
  • Rep. Ben Chandler [D, KY-6]
  • Rep. Yvette Clarke [D, NY-11]
  • Rep. Emanuel Cleaver [D, MO-5]
  • Rep. Steve Cohen [D, TN-9]
  • Rep. John Conyers [D, MI-14]
  • Rep. Joe Courtney [D, CT-2]
  • Rep. Joseph Crowley [D, NY-7]
  • Rep. Elijah Cummings [D, MD-7]
  • Rep. Danny Davis [D, IL-7]
  • Rep. William Delahunt [D, MA-10]
  • Rep. Rosa DeLauro [D, CT-3]
  • Rep. Keith Ellison [D, MN-5]
  • Rep. Rahm Emanuel [D, IL-5]
  • Rep. Sam Farr [D, CA-17]
  • Rep. Chaka Fattah [D, PA-2]
  • Rep. Bob Filner [D, CA-51]
  • Rep. Al Green [D, TX-9]
  • Rep. Raul Grijalva [D, AZ-7]
  • Rep. Luis Gutierrez [D, IL-4]
  • Rep. John Hall [D, NY-19]
  • Rep. Phil Hare [D, IL-17]
  • Rep. Alcee Hastings [D, FL-23]
  • Rep. Maurice Hinchey [D, NY-22]
  • Rep. Mazie Hirono [D, HI-2]
  • Rep. Rush Holt [D, NJ-12]
  • Rep. Michael Honda [D, CA-15]
  • Rep. Steve Israel [D, NY-2]
  • Rep. Jesse Jackson [D, IL-2]
  • Rep. Sheila Jackson-Lee [D, TX-18]
  • Rep. Eddie Johnson [D, TX-30]
  • Rep. Henry Johnson [D, GA-4]
  • Rep. Stephanie Jones [D, OH-11]
  • Rep. Patrick Kennedy [D, RI-1]
  • Rep. Ron Klein [D, FL-22]
  • Rep. Dennis Kucinich [D, OH-10]
  • Rep. John Larson [D, CT-1]
  • Rep. Barbara Lee [D, CA-9]
  • Rep. John Lewis [D, GA-5]
  • Rep. Daniel Lipinski [D, IL-3]
  • Rep. Zoe Lofgren [D, CA-16]
  • Rep. Carolyn Maloney [D, NY-14]
  • Rep. James McDermott [D, WA-7]
  • Rep. James McGovern [D, MA-3]
  • Rep. Michael McNulty [D, NY-21]
  • Rep. Kendrick Meek [D, FL-17]
  • Rep. Michael Michaud [D, ME-2]
  • Rep. George Miller [D, CA-7]
  • Rep. Gwen Moore [D, WI-4]
  • Rep. James Moran [D, VA-8]
  • Rep. Jerrold Nadler [D, NY-8]
  • Rep. Grace Napolitano [D, CA-38]
  • Rep. Eleanor Norton [D, DC-0]
  • Rep. John Olver [D, MA-1]
  • Rep. William Pascrell [D, NJ-8]
  • Rep. Donald Payne [D, NJ-10]
  • Rep. David Price [D, NC-4]
  • Rep. Steven Rothman [D, NJ-9]
  • Rep. Lucille Roybal-Allard [D, CA-34]
  • Rep. Loretta Sanchez [D, CA-47]
  • Rep. Linda Sanchez [D, CA-39]
  • Rep. Adam Schiff [D, CA-29]
  • Rep. Allyson Schwartz [D, PA-13]
  • Rep. Joe Sestak [D, PA-7]
  • Rep. Carol Shea-Porter [D, NH-1]
  • Rep. Brad Sherman [D, CA-27]
  • Rep. Albio Sires [D, NJ-13]
  • Rep. Louise Slaughter [D, NY-28]
  • Rep. Fortney Stark [D, CA-13]
  • Rep. Ellen Tauscher [D, CA-10]
  • Rep. Bennie Thompson [D, MS-2]
  • Rep. C. Michael Thompson [D, CA-1]
  • Rep. Niki Tsongas [D, MA-5]
  • Rep. Christopher Van Hollen [D, MD-8]
  • Rep. Debbie Wasserman Schultz [D, FL-20]
  • Rep. Maxine Waters [D, CA-35]
  • Rep. Diane Watson [D, CA-33]
  • Rep. Peter Welch [D, VT-0]
  • Rep. Robert Wexler [D, FL-19]
  • Rep. Lynn Woolsey [D, CA-6]
  • Rep. David Wu [D, OR-1]
  • Rep. John Yarmuth [D, KY-3]
  close

Committees

• House Transportation and Infrastructure
• 11 more
  • House Financial Services
  • House Agriculture
  • House Energy and Commerce
  • House Ways and Means
  • House Transportation and Infrastructure
  • House Foreign Affairs
  • House Education and Labor
  • House Natural Resources
  • House Science and Technology
  • House Natural Resources
  • House Science and Technology
  close

Amendments

This bill has no amendments.

Amendments to H.R.6316

Number	Status	Purpose

Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
June 19, 2008

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All Bill Actions

• Jul 14, 2008: Referred to the Subcommittee on Energy and Environment.
• Jun 27, 2008: Referred to the Subcommittee on Energy and Mineral Resources.
• Jun 20, 2008: Referred to the Subcommittee on Highways and Transit.
• Jun 19, 2008: Referred to House Transportation and Infrastructure
• Jun 19, 2008: Referred to House Agriculture
• Jun 19, 2008: Referred to House Natural Resources
• Jun 19, 2008: Referred to House Education and Labor
• Jun 19, 2008: Referred to House Financial Services
• Jun 19, 2008: Referred to House Science and Technology
• Jun 19, 2008: Referred to House Foreign Affairs
• Jun 19, 2008: Referred to House Energy and Commerce
• Jun 19, 2008: Referred to House Ways and Means
• Jun 19, 2008: Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Foreign Affairs, Science and Technology, Financial Services, Education and Labor, Natural Resources, Agriculture, and Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
• Introduced on Jun 19, 2008.

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September 24, 2008 Mannata Song Trailer Heroes Hindi Movie Trailer Promo

In June, Congressman Doggett introduced the Climate MATTERS Act (HR 6316), Tags : trade global climate Congress cap Democrat Texas Lloyd warming Doggett legislation change ???Danson Tang ????? ??? (03:46) ...

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September 18, 2008 Policy Options to Prevent Climate Change

Stark), HR 6316 – The Climate MATTERS (Market, Auction, Trust & Trade Emissions Reduction System) Act of 2008 (Rep. Doggett), HR 3416 – The America’s Energy Security Trust Fund Act of 2007 (Rep. Larson), and HR 6186 – The Investing

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July 19, 2008 Update on Netroots Nation 08 Day 3: Gore, Doggett, Lessig, and Courage

Public Citizen is a national sponsor of this year’s Netroots Nation conference, and as the Austin Texas office of Public Citizen is happy to play host. We’ve met so many great people and been in so many excellent meetings. ...

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