Summary of Bill as Passed by the Senate Environment and Public Works Committee
December 5, 2007
Read the full summary [1] (pdf)
The Lieberman-Warner Climate Security Act (S. 2191) is the first greenhouse gas cap-and-trade legislation approved by a full Congressional committee. The bill, as passed by the committee in an 11-8 vote, would establish a cap-and-trade program within the United States requiring a 70% reduction in greenhouse gas (GHG) emissions from covered sources, which represent over 80% of total U.S. emissions. The bill as amended also includes complementary policies, such as a low carbon fuel standard and provisions aimed at enhancing energy efficiency. Taken together, the bill’s sponsors believe these provisions will reduce overall U.S. GHG emissions roughly 63% by 2050.
Click here for details of the committee debate and vote. [2] (pdf)
More information on Lieberman-Warner [3]
Links:
[1] http://www.c2es.org/docUploads/Pew-S2191-Summary-12-05-2007.pdf
[2] http://www.c2es.org/docUploads/l-w-markup-12-05-2007.pdf
[3] http://www.c2es.org/federal/analysis/congress/110/analysis-lieberman-warner-climate-security-act-2008