Climate/Energy U.S. Senate Legislation Cap & Trade (PRI) 2010
The Cap & Trade Legislation Referenced Below was not passed by the U.S. Senate in 2010. There are no "cap and trade", carbon tax or "climate" bills that have been introduced in the U.S. House or Senate at this time. If this type of legislation is introduced in 2011 or 2012 this website will have current information on these bills and related information. This section of the ADC is now being used for historical "cap and trade" legislation research.
HISTORIC VOTE IN U.S. SENATE ON JUNE 10, 2010
The U.S. Senate upheld a decision by the U.S. Supreme Court on April 2, 2007
Massachusetts v. EPA, 549 U.S. 497
The June 10, 2010, historic U.S. Senate 53-47 vote upholds the right of the EPA to regulate all greenhouse gases. This vote renders obsolete the Kerry/Lieberman Climate Draft Legislation because the EPA can start today regulating and reducing greenhouse gases to protect the environment. Polluters may now be fined for not curbing greenhouse gases and the fines can be used to support clean energy alternatives and new technology for polluting industries.
This vote, supported by the Obama administration, sets an example for the entire world to follow and demonstrates that the United States will be leading the world in reducing greenhouse gases.
(This vote renders Senators Kerry & Lieberman’s climate bill obsolete because their draft bill allows no Reductions in Greenhouse Gases until 2017, and allows polluters to purchase offsets so that they can keep polluting, at current or higher levels, for many years without any reductions.)
Senator Barbara Boxer deserves tremendous credit for this historical vote and in taking action to lead the nation in reducing greenhouse gases in 2010. And she sets an example, along with President Obama, for the entire world on how to reduce greenhouse gas and other pollution emissions.
This victory for the people of the United States will start our country on the path of reducing greenhouse gases and will demonstrate to the rest of the world that we are serious about starting immediately down this path. Now we have the leverage to pressure other countries into taking this same action...to protect our environment. This was a historic victory for the people, the Earth, and the quality of our lives.
Senators Kerry & Lieberman should withdraw thir new draft legislation as it is no longer needed. See Senator Dorgan's Senate Presentation below on this issue.
U.S. SENATE CLIMATE/JOBS/POLLUTION REDUCTION INVESTMENT (PRI) BILL
A NEW U.S. SENATE CLIMATE / JOBS / ENERGY / PRI BILL Draft Bill was Announced
by SENATORS KERRY & LIEBERMAN in 2010
(Note: The Draft Climate Bill text is available on Senator John Kerry's Website.)
"Makes No Sense to Me!"
Senator Byron Dorgan strongly opposes the 'Trade' in Cap & Trade in his recent U.S. Senate Presentation.
The U.S. House of Representatives, in 2009, passed a Climate, Cap & Trade Ponzi Scheme, Jobs, Energy Bill. In 2009, Senator Barbara Boxer introduced this house legislation as U.S. Senate Bill S1733. This bill did not have the sixty votes needed for passage in 2010. It appears that U.S. Senate Bill S1733, will not be voted upon by the U.S. Senate in 2010, due to the fact that Senators Kerry and Lieberman have written another bill and announced draft text of this legislation that is available on Senator Kerry's website in 2010. Once the bill is introduced it will be given a number, the text will be placed on Thomas.gov and on my website with comments. I encourage everyone to read the full text of this bill before deciding to support it.
We do know that this new Senate bill will have similar language, in places, to the bill passed by the U.S. House of Representatives in 2009. In addition, Senator Kerry has defined PRI (Pollution Reduction Investment-formerly Cap & Trade), on his website. And we have head from Senators Kerry and Lieberman press conferences that they have been working to gather support and the 60 votes needed for passage. Thus, they have been engaged in "back room deal making" in order to gather enough votes for passage weakening the bill.
The public has no idea what these deals consist of or how many there are at this time. We also know that lobbyists for the coal, oil, nuclear power, offshore oil drilling, banks, Wall Street, and other interests have been lobbying heavily to have the bill weakened or strengthened to suit their interests. The public interest and the environment has been almost totally eliminated from consideration in this bill. The proposed Carbon Tax will pay for the offsets to allow polluters to continue to pollute with no reduction of greenhouse gases for at least the next seven years. In 2017, greenhouse gas emissions will only need to be reduced 20% of 2005 emissions.
It will be sold to the public, the environmental groups, and others as the solution to global warming and climate change. Since few people actually read these bills the media, the President, House Members who support this legislation, and a small group of Senators and lobbyists will be selling this bill as one that will reduce greenhouse gases, support the Copenhagen Accord, and save the planet. Anyone who reads the U.S. House Bill 2454 and its four versions, or Senator Boxer's S1733, and Senator Kerry's draft will find a totally different story.
On Senator Kerry's Website you will find the following information about PRI:
"CLEAN ENERGY JOBS AND AMERICAN POWER ACT: POLLUTION REDUCTION AND INVESTMENT"
"...Pollution Reduction and Investment (PRI) is a mechanism that sets pollution reduction targets, then uses market incentives to find the most affordable paths to achieve them….Instead of using a “command and control” model where government tells individual companies where and how to reduce pollution, PRI is designed to let the private sector seek out the most cost‐effective ways to meet our pollution reduction goals. Major polluters will be required to turn in one “carbon credit,” essentially a voucher for the right to pollute one ton of carbon..." (What this bill achieves is giving polluters the right to "buy and sell the right to pollute" without any restrictions, no rules and certainly no regulations.)
No greenhouse gases will be reduced until 2017or 2020, depending on which years are placed into this bill. Once we reach those years only 10-20% of greenhouse gas emission from 2005 levels will be required to be reduced. A carbon tax is planned on carbon to pay for a revitalization of the nuclear industry, to fund the Copenhagen Accord and a private corporation to spend the funds (no public or congressional oversight over this private corporation), and to pay for the free pollution credits that will be given away to many industries to offset their pollution. The banks will get their share and have also been written into all versions of these bills.
Thus, U.S. House members have set up a Ponzi Scheme right in front of our eyes to enrich the banks and wall street, along with a whole group of venture capitalists that will buy and sell these credits or offsets. These offsets won't reduce any greenhouse gas emissions, like water vapor, until at least 2017. This bill has the potential to be loaded down with Senator Murkowski's Resolution 26, stopping the EPA from regulating and reducing greenhouse gases. It also appears that no reduction, in what is called a "global warming / climate change crisis will take place for at least 7-10 years. It appears from both U.S. House, and upcoming Senate legislation, that there is no greenhouse gas crisis. Why then would the U.S. House and Senate be proposing this legislation when the solution is already at hand and could be implemented today? A reading of the text of the legislation quickly supplies the answers. The polluting industries really don't want to reduce their pollution to benefit all of us. The government wants to place another tax on the public so that the Banks and Wall Street have money for another unregulated Ponzi Scheme which will take money from taxpayers and hand it to them as a present and payoff. What a bonanza the carbon tax profits will make for unregulated hedge funds and financial markets at taxpayers expense.
The nuclear power industry will be revitalized with these funds leading us down the path to uranium mining and unsafe power plants with nowhere to store the waste. The polluting industries will make money by buying and selling pollution offsets and credits (this failed in Europe-and became a profit making venture without reducing any greenhouse gases), and set up a variety of venture capitalist schemes that would rake in money by the $Billions selling these credits or solutions so that they can obtain our tax dollars legally. The Ponzi Scheme plans written into these bills are staggering just for their audacity.
Will the public and some environmental groups fall for the rhetoric or will they say no to this giant Ponzi Scheme? No one knows because they have sold the people on the idea that this is a bill to save the Climate and stop global warming. Those that oppose this bill are labeled as all being paid by the oil, nuclear and gas industry who don't want any regulations at all and are lobbying against the bill half-heartedly at this point, because they see a way to evade any pollution reductions and to buy and sell the pollution credits to improve their bottom line.
What we need to do now is stop this bill and allow the EPA to immediately begin reducing greenhouse gases while using the fines to support clean, alternative energy sources. The idea will work as the EPA has reduced pollution in the United States for many years...it is their mandate. Let them do their job and stop this Ponzi Scheme legislation today.
In the section below you will find every document, every newspaper article, anything written about Cap & Trade, Offsets and Credits, and the bills themselves which are also available online, in my database. Don't let the lobbyists tell you what to think and do...read the bill and the information below and make your own decision. And then take action.
In order to understand the implications of this Climate / Jobs / PRI Bill the "geoengineering" section of this website has been set up as well. If we don't regulate greenhouse gases for the next 7-10 years geoengineering will become part of our lives whether or not this bill passes. The implications of their plans and understanding what these programs will mean for all of us has been brought forward in three U.S. House Science & Technology Geoengineering Hearings. The first one was held on November 5, 2009, and there were two more held in 2010. Global Geoengineering Governance and Deployment of these programs are in our future unless we say "no" today.
The Nuclear section of website discusses the drawback of revitalizing nuclear power and also how U.S. Energy Secretary Chu is making agreements with other countries (like Italy in 2009), to bring their nuclear waste here for processing and long term storage. Independence from foreign countries with regard to nuclear power is impossible as most of the uranium is mined in foreign countries. Read more in the nuclear section.
New Senate Climate Bill Is “Slap In The Face To Everything That Earth Day Stands Far”
Today, April 22, 2010, is the 40th anniversary of Earth Day. In the years following the first Earth Day the Nixon administration passed a series of major environmental legislation including the Clean Air Act, the National Environmental Policy Act and the Clean Water Act. On Monday Senators John Kerry, Joseph Lieberman and Lindsay Graham plan to introduce a climate bill that will eliminate the EPA’s authority under the Clean Air Act to regulate greenhouse gas emissions. We speak with Daphne Wysham, a fellow at the Institute for Policy Studies.
Buying & selling the right to pollute, Senator Kerry style
U.S. Senate Bill 1733 to be brought before U.S. Senate this fall - 2010. The Cap & Trade Section has been changed by Senator Boxer to the Pollution Reduction Investment (PRI) Section
"... Instead of using a "command and control" model where government tells individual companies where and how to reduce pollution, PRI is designed to let the private sector seek out the most cost-effective ways to meet our pollution reduction goals. Major polluters will be required to turn in one "carbon credit," essentially a voucher for the right to pollute one ton of carbon. These vouchers can be bought or sold, giving companies flexibility in how they reduce pollution. Those that can’t quickly or affordably do so can buy vouchers instead. Other companies better able to cut pollution can sell their vouchers to those who need them. Either way, PRI makes it profitable to reduce pollution by creating an important new incentive ..." (Emphasis ours) October 5, 2009 - Senator Kerry's Website