Senate committee on track to OK global warming
bill Dec 5 - McClatchy-Tribune Regional News - Dena Bunis The
Orange County Register, Calif.
Senate Republicans lost their first attempt this morning to derail the
global warming bill Sen. Barbara Boxer hopes to send to the chamber this
week.
Under an amendment by Sen. Larry Craig, R-Idaho, the provisions of the
legislation, which caps greenhouse-gas emissions, would have ended in 10
years unless China and India adopted a climate change regime similar in
scope to that of the United States.
Republican members of the Environment and Public Works committee -- who with
the exception of Sen. John Warner, R-Va., co-author of the bill, oppose the
legislation -- said action by the United States is meaningless unless China
changes its ways.
"If this great country acts alone and this bill accomplishes what we set out
to do and China does nothing," Craig said, the effects of the U.S. action
will be "minuscule. The world must act in unity."
Craig's amendment would also have required that the Environmental Protection
Agency certify with a 90 percent degree of confidence that the bill would
mean a reduction in global temperature of at least 0.5 degrees Celsius.
The amendment failed on a party-line vote with Republicans voting yes and
Democrats voting no.
Boxer's committee is expected to work through the day and into tomorrow if
necessary to vote to send the Lieberman-Warner Climate Security Act to the
floor. Majority Leader Harry Reid has said he plans to bring a climate
change bill to the floor next year.
"If this bill should pass, which it won't," said Sen. James Inhofe, R-Okla.,
"this is going to be the greatest boon for China. We want to restrict that
economic boon to 10 years."
In opposing Craig's amendment, Democrats pointed to a provision in the bill
that would require the administration to urge other nations to adopt similar
measures. Nations that don't would eventually incur higher costs to get
their goods to U.S. markets.
"I will never vote to hang our future and the future of our kids on China,"
Boxer said.
Sen. Joe Lieberman, co-author of the bill, said scientists have said that
even if China and India do nothing to reduce greenhouse gases, U.S. action
would make a difference.
U.S. action, Lieberman said, "will keep the world beneath the danger level
for carbon dioxide in the air."
DETAILS OF GLOBAL WARMING MEASURE
The Lieberman-Warmer Climate Security Act, authored by Sens. Joe Lieberman,
I-Conn., and John Warner, R-Va., would reduce greenhouse gas emissions to
2005 levels by 2012. And it would cut emissions by 63 percent below 2005
levels by 2050.
The bill would:
--Place a declining cap on U.S. emissions of five main greenhouse gases:
CO2, methane, nitrous oxide, sulfur hexafluoride and per fluorocarbons. It
also creates a separate cap on hydro fluorocarbons, one of the most potent
greenhouse gases.
--Establish a cap-and-trade program under which entities would be required
to either reduce their emissions themselves or use so-called allowances or
credits to satisfy the emission reduction mandates. About 80 percent of the
U.S. economy would be covered under this bill.
--Give free emission allowances to power plants, manufacturers and other
industrial sources to get them started. They would be phased out beginning
in 2031. After that entities would have to pay for such credits. Originally
the bill didn't reduce the free allowances until 2036.
--Much of the revenue collected from the eventual sale of these allowances,
or credits, would go to finance clean energy technologies like solar, wind
and geothermal energy plus biofuels and plug-in hybrids. Money would also be
set aside to help low-income consumers pay increased energy bills,
weatherize their homes and for job training for "green-collar" careers.
--Create two federal boards -- one that is akin to the Federal Reserve Board
-- would monitor the new system.
--Give states a percentage of the revenue the federal government will get
from entities that have to purchase emission allowances. States would use
the money for a variety of purposes, including helping mitigate the impact
of higher energy costs on low-income consumers, promoting energy efficiency,
encouraging advances in green technology, addressing local and regional
impacts of climate change policy, including providing help to displaced
workers.
--Allow states, such as California, that already have programs to combat
global warming, to continue with their efforts.
--Direct the executive branch to step up its efforts to convince other
nations to reduce greenhouse gas emissions. If eight years after the bill
takes effect a major greenhouse gas emitting nation hasn't acted, the
president is authorized to require that importers of
greenhouse-gas-intensive manufactured goods, such as steel or aluminum,
would have to obtain the same kind of emission credits U.S. manufacturers
do. |