Congress can act against global warming by enacting the Safe Climate Act of 2006 (H.R. 5642) introduced by Congressman Waxman of California. According to the summary linked to, the Act would freeze US greenhouse gas emissions in 2010 and mandate cutting emissions annually thereafter. By 2050, emissions will be 80% lower than in 1990, according to the Congressman's summary. It includes action assignments for the US Department of Energy and the US Department of Environmental Protection. It also directs the National Academy of Sciences and the National Research Council to review progress toward avoiding dangerous climate change and identify reductions needs.
The bill would set up a system for buying and selling emissions allowances, with auction proceeds placed into a Climate Reinvestment Fund that will support technology R&D, and fund various forms of public protections from energy price increases and natural disaster preparedness.
Rep. Waxman is joined by twelve other Representatives in introducing this bill. According to his press release, “Global warming is the greatest environmental challenge of our time, and we have a short window in which to act to prevent profound changes to the climate system,” said Rep. Waxman. “My legislation reflects what the science says we need to do to protect our children and grandchildren from disastrous climate changes.” June 20, 2006 Press Release
Section-by-Section Summary of the Safe Climate Act
Posted by dougsimpson at June 21, 2006 10:34 AM