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S 139 108th Congress Senate Environmental Protection Air pollution control Atmosphere Carbon dioxide Climate change and greenhouse gases Coal Commerce Congress Congressional reporting requirements Data banks Economics and Public Finance Education Electric power production Emissions trading Energy Energy conservation Energy efficiency Environmental assessment Environmental economics Environmental law enforcement

Climate Stewardship Act of 2003

Introduced: January 9, 2003 See on congress.gov
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 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 30, 2003
Rereferred to Senate Committee on Environment and Public Works by Unanimous Consent.
Oct 30, 2003
Considered by Senate. (consideration: CR S13572-13598)
Oct 29, 2003
Measure laid before Senate. (consideration: CR S13484-13509)
Oct 29, 2003
Senate Committee on Environment and Public Works discharged by Unanimous Consent.
Jan 9, 2003
Read twice and referred to the Committee on Environment and Public Works. (text of measure as introduced: CR S167-173)
Jan 9, 2003
Sponsor introductory remarks on measure. (CR S166-167, S173-174)
Jan 9, 2003
Introduced in Senate
 Plain-English summary Congressional Research Service
Climate Stewardship Act of 2003 - Establishes Federal climate change research and related activities, including: (1) post-secondary scholarships; (2) a study of technology transfer barriers; (3) a report on the impact of the Kyoto Protocol on the United States; (4) research grants on priority areas; (5) research on potential abrupt climate change; and (6) enhancing measurements, standards, and technologies that enable the reduction of greenhouse gasses.

Directs the Administrator of the Environmental Protection Agency (EPA) to establish and maintain the National Greenhouse Gas Database, including the development of measurement and verification methods and standards.

Requires covered entities to submit to the Administrator one tradeable allowance for every metric ton of carbon dioxide equivalence, specifically: (1) the electric generation, industrial, and commercial sectors for greenhouse gases produced; (2) producers or importers for hydrofluorocarbons, perfluorocarbons, or sulfur hexafluoride produced or imported; and (3) petroleum refiners or importers for greenhouse gasses (when used for transportation).

Permits: (1) the use of tradeable allowances to achieve compliance; (2) the conversion of fuel economy standard credits to tradeable allowances, as specified; (3) borrowing against future reductions; and (4) tradeable allowances to be sold, exchanged, purchased, retired, banked, or used.

Permits the exemption of certain source categories if it is not feasible to measure or estimate emissions.

Directs the Administrator to establish tradeable allowances in units of carbon dioxide equivalence. Provides for the allocation of such allowances according to economic impact factors.

Establishes the Climate Change Credit Corporation to manage tradeable allowances.

What's happening now October 30, 2003

Rereferred to Senate Committee on Environment and Public Works by Unanimous Consent.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3