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7/11/2007--Introduced.<br/>Low Carbon Economy Act of 2007 - Requires specified regulated entities (including certain fuel distributors and owners and operators of coal facilities or nonfuel regulated entities) to submit to the President: (1) the number of allowances or credits equal to the entity's covered greenhouse gas (GHG) emissions; or (2) a payment equal to the amount of the technology accelerator payment (TAP) price in lieu of submission of required allowances. Requires the President to establish a trading system for such allowances and credits.<br/>Requires TAP payments to be deposited into the Energy Technology Deployment Fund.<br/>Requires the Secretary of Energy to: (1) report on next generation technologies that can reduce and use methane emissions; and (2) use a portion of the Fund to carry out a methane research and development program.<br/>Provides for: (1) allowances to industry, carbon-intensive manufacturing facilities, and states; (2) agricultural sequestration allowances; (3) allowances for early reduction projects; (4) bonus allowances to entities that implement geological sequestration projects; and (5) allowances for technology, adaptation, and low-income household assistance.<br/>Provides for credits for: (1) activities that take specified GHG precursors (specified fuel, hydrofluorocarbons, perfluorocarbons, sulfur hexafluoride, or nitrous oxide) out of commerce in the United States; (2) carbon dioxide sequestration; and (3) specified offset projects.<br/>Establishes: (1) the Energy Technology Deployment Fund for the zero- or low-carbon energy technologies program, the advanced coal and sequestration technologies program, the cellulosic biomass ethanol and municipal solid waste technology deployment programs, and the advanced technology vehicles manufacturing incentive program; (2) the Climate Adaptation Fund for adaptation programs to address climate change impacts and for fish and wildlife conservation programs; and (3) the Energy Assistance Fund for the low-income home energy assistance program, the Weatherization Assistance Program for Low-Income Persons, and the rural energy assistance program. Requires the President to establish an interagency group to review comparable action by foreign countries with respect to GHG emissions and to make recommendations with respect to foreign credits and international offset projects. Authorizes the President to establish a program to distribute credits for the GHG mitigation benefits of offset projects outside the United States. Requires any U.S. importer of certain covered goods, as a condition of importation, to make a written declaration that the goods are accompanied by a sufficient number of international reserve allowances. Authorizes the President to establish a trading system of international reserve allowances for imported goods.<br/>

1186027200 2007-08-02 Fri Nov 07 16:04:09 -0600 2008 introduced 45153 'act':4 'low':1 '2007':6 'carbon':2 'economi':3 51356 short introduced 45153 'gas':6 'use':12 'bill':2 'emiss':7 'reduc':4 'energi':14 'purpos':18 'product':10 'greenhous':5 48362 official action 45153 1186027200 Thu Aug 02 00:00:00 -0500 2007 128131 Sponsor introductory remarks on measure. (CR S10775, S10776) B000468 1943-10-03 7505 703 Hart Senate Office Building http://bingaman.senate.gov/contact/ 202-224-2852 Jeff 'd':4 'nm':5 'sen':1 'jeff':2,6,8 'bingaman':3,7,9 M 300009 Bingaman Jeff_Bingaman Sen. Jeff Bingaman [D, NM] 4069 N00006518 10310 Democrat 202-224-5521 Methodist NM Jeff Bingaman 4.46153846153846 http://bingaman.senate.gov A000069 1924-09-11 4399 141 Hart Senate Office Building http://akaka.senate.gov/public/index.cfm?FuseAction=Contact.Home 202-224-2126 Daniel 'd':4 'hi':5 'sen':1 'akaka':3,7,9 'daniel':2,6,8 M 300001 Akaka Don_Cazayoux Kahikina Sen. Daniel Akaka [D, HI] 2319 N00007653 10035 Democrat 202-224-6361 Congregationalist HI Daniel Akaka 2.26666666666667 http://akaka.senate.gov/public/index.cfm C001070 4920 393 Russell Senate Office Building http://casey.senate.gov/contact/ 202-228-0604 Robert 'd':4 'pa':5 'sen':1 'casey':3,7,9 'robert':2,6,8 M 412246 Casey Robert_P._Casey,_Jr. P. Sen. Robert Casey [D, PA] 2338 N00027503 11900 Democrat 202-224-6324 PA Bob Robert Casey 2.88888888888889 http://casey.senate.gov/ H000206 1939-11-19 3701 731 Hart Senate Office Building http://harkin.senate.gov/c/index.cfm 202-224-9369 Thomas 'd':4 'ia':5 'sen':1 'tom':8 'thoma':2,6,9 'harkin':3,7,10 M 300051 Harkin Tom_Harkin Sen. Thomas Harkin [D, IA] 1929 Tom N00004207 9561 Democrat 202-224-3254 Roman Catholic IA Tom Thomas Harkin 3.10714285714286 http://harkin.senate.gov/ SenatorTomHarkin M001153 1957-05-22 6091 709 Hart Senate Office Building http://murkowski.senate.gov/contact.cfm 202-224-5301 Lisa 'r':4 'ak':5 'sen':1 'lisa':2,6,8 'murkowski':3,7,9 F 300075 Murkowski Lisa_Murkowski A. Sen. Lisa Murkowski [R, AK] 2939 N00026050 10447 Republican 202-224-6665 Roman Catholic AK Lisa Murkowski 4.02777777777778 http://murkowski.senate.gov/ senatormurkowski S000709 1930-02-12 13782 711 Hart Senate Office Building http://specter.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm 202-228-1229 Arlen 'd':4 'pa':5 'sen':1 'arlen':2,6,8 'specter':3,7,9 M 300092 Specter Arlen_Specter Sen. Arlen Specter [D, PA] 5980 N00001604 19355 Democrat 202-224-4254 Jewish PA Arlen Specter 1.8968253968254 http://specter.senate.gov/ S000888 1923-11-18 8197 Ted 'ted':1,3,5 'steven':2,4,6 M 300094 Stevens Ted_Stevens F. Ted Stevens 2728 N00007997 7152 Republican Episcopalian Ted Stevens 0.818181818181818 action 45153 1186027200 Thu Aug 02 00:00:00 -0500 2007 128131 Sponsor introductory remarks on measure. (CR S10775, S10776) action 45153 1184126400 Wed Jul 11 00:00:00 -0500 2007 122256 Sponsor introductory remarks on measure. (CR S9022-9024) introduced 45153 1184126400 Wed Jul 11 00:00:00 -0500 2007 122255 action 45153 1184126400 Wed Jul 11 00:00:00 -0500 2007 122257 Read twice and referred to the Committee on Environment and Public Works. action 45153 1184126400 Wed Jul 11 00:00:00 -0500 2007 125513 Sponsor introductory remarks on measure. (CR S9022-9023)