America's Climate Security Act of 2007

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.

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.


... morehide bill summary

Sponsor

• Sen. Joseph Lieberman [I, CT]
• and 11 Co-Sponsors
  • Sen. Benjamin Cardin [D, MD]
  • Sen. Robert Casey [D, PA]
  • Norm Coleman
  • Sen. Susan Collins [R, ME]
  • Elizabeth Dole
  • Sen. Thomas Harkin [D, IA]
  • Sen. Amy Klobuchar [D, MN]
  • Sen. Bill Nelson [D, FL]
  • Sen. Charles Schumer [D, NY]
  • John Warner
  • Sen. Ron Wyden [D, OR]
  close

Committees

• Senate Environment and Public Works
• 1 more
  • Senate Environment and Public Works
  close

Amendments

This bill has no amendments.

Amendments to S.2191

Number	Status	Purpose

Bill Status

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Introduced		Voted on by Senate		Voted on by House		Considered By President		Bill Becomes Law
October 18, 2007

Show All Actions (18 actions)Hide Actions

All Bill Actions

• Added to calendar on May 20, 2008: Placed on Senate Legislative Calendar under General Orders. Calendar No. 740..
• May 20, 2008: Committee on Environment and Public Works. Reported by Senator Boxer with an amendment in the nature of a substitute. With written report No. 110-337. Minority views filed.
• Dec 05, 2007: Committee on Environment and Public Works. Date of scheduled consideration. SD-406. 9:00 a.m.
• Dec 05, 2007: Committee on Environment and Public Works. Ordered to be reported with an amendment in the nature of a substitute favorably.
• Added to calendar on Dec 05, 2007: Committee on Environment and Public Works. Ordered to be reported with an amendment in the nature of a substitute favorably..
• Nov 15, 2007: Committee on Environment and Public Works. Date of scheduled hearing. SD-406. 10:00 a.m.
• Nov 15, 2007: Committee on Environment and Public Works. Hearings held.
• Nov 13, 2007: Committee on Environment and Public Works. Date of scheduled hearing. SD-406. 11:00 a.m.
• Nov 13, 2007: Committee on Environment and Public Works. Date of scheduled hearing. SD-406. 10:00 a.m.
• Nov 13, 2007: Committee on Environment and Public Works. Hearings held.
• Nov 08, 2007: Committee on Environment and Public Works. Hearings held.
• Nov 08, 2007: Committee on Environment and Public Works. Date of scheduled hearing. SD-406. 9:30 a.m.
• Nov 01, 2007: Committee on Environment and Public Works Subcommittee on Private Sector and Consumer Solutions to Global Warming and Wildlife Protection. Approved for full committee consideration with an amendment in the nature of a substitute favorably.
• Nov 01, 2007: Subcommittee on Private Sector and Consumer Solutions to Global Warming and Wildlife Protection. Date of scheduled consideration. SD-406. 9:00 a.m.
• Oct 24, 2007: Subcommittee on Private Sector and Consumer Solutions to Global Warming and Wildlife Protection. Hearings held.
• Oct 18, 2007: Sponsor introductory remarks on measure. (CR S13080-13081)
• Introduced on Oct 18, 2007.
• Oct 18, 2007: Read twice and referred to the Committee on Environment and Public Works.

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In the News

November 05, 2008 America Did Not Elect Al Gore

...last summer, the veil on its staggering cost had been lifted. The world’s most ambitious, enforceable carbon regime to date, S.2191 would impose exorbitant costs and require unprecedented expansion of the federal control, but would yield no measureabl

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June 16, 2008 Opposition to Coal Will Reduce Electricity Reliability, Harm US ...

In the event of climate change legislation with relatively strict cap and trade provisions, such as S.2191 – the Lieberman-Warner Climate Security Act, ...

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Source: Right Side News, GA

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June 14, 2008 Director is a genuine professional

With the Lieberman-Warner “Climate Security Act” (S. 2191) dead in the Senate, we now have an opportunity to seriously consider the welfare of our ...

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January 06, 2009 2009 May See Reprioritization of Nanotech Concerns (Tech Talk)

... S. 2191 · Saatchi & Saatchi · Safaricom · safety · Sahara · sales · Samsung · San Cristóbal Wind Project · San Diego · San Francisco · Sanaga · Sandia National Laborato

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January 05, 2009 Cracks in Molecular Nanotechnology Orthodoxy Starting to Form ...

... S. 2191 · Saatchi & Saatchi · Safaricom · safety · Sahara · sales · Samsung · San Cristóbal Wind Project · San Diego · San Francisco · Sanaga · Sandia National Laborato

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January 05, 2009 Hall of Record: Killing Coal And Killing Our Economy

Energy Market and Economic Impacts of S. 2191, the. Lieberman-Warner Climate Security Act of 2007. Report prepared by. Office of Integrated Analysis and Forecasting Energy Information Agency (EIA) U.S. Department of Energy April 2008 ...

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