The legislation would set an emissions "cap and trade" system for electric utilities only. The cap would begin in 2011 and require a decrease in greenhouse gas emissions from electric utilities of 8 percent by 2020 and 41 percent by 2050. The bill would also establish a Climate Science Advisory Board to inform the administration and Congress of the state of climate science, and make recommendations to achieve climate stabilization; provide R&D funding for low- and zero-emitting carbon technologies, clean coal technologies, and energy efficient technologies relevant to the utilities industry; and require periodic evaluations by the Environmental Protection Agency to determine whether emissions targets are adequate.^[1]