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Sunday, December 5, 2010

McCain Partners With Environmental Defense in Support of Action on Global Warming

what is his stance on Global Warming today?

| Tue Jan. 23, 2007 10:01 AM PST
If, as expected, President Bush makes an announcement in tonight's State of the Union pushing for action on climate change, it's likely that he'll have John McCain's support.
That's if a letter I recently got in the mail is to be believed. In a plea for donations, Environmental Defense, a non-profit that advocates market-based solutions to environmental problems, included a letter from McCain that begins:
I'll give it to you straight:
We have a growing crisis on our hands... one that seldom gets the attention it deserves.
I'm speaking about global warming.
McCain explains that if global warming is "left unchecked, we can expect glaciers and polar ice caps to melt, severe storms to become more frequent, prolonged droughts to devastate agricultural lands, sea levels to rise and entire ecosystems to be thrown out of balance." It's almost like he's reading Mother Jones!
For a summary of the McCain-Lieberman Climate Stewardship and Innovation Act, and a run-down of how it compares to competing bills in the Senate, see below.
PS - If McCain, king of the rightward shift, is embracing the idea of action on global warming, I think we can come close to saying the beast of global warming resistance has been slayed. There's more to be done of course, but with crazy old James Inhofe out as chairman of the Environment and Public Works Committee, presidential contender McCain positioning himself the way he is, Democrats pushing for action, and big business pressuring the president to act.... I'm just asking, if Bush comes out strong in favor of fighting climate change tonight, is it time to say, "Relax, celebrate victory"?


Summary of The Lieberman-McCain Climate Stewardship Act of 2003

Summary of The Lieberman-McCain Climate Stewardship Act
(As debated in the U.S. Senate on October 30, 2003)
On October 30, 2003, Senators Joseph I. Lieberman (D-CT) and John McCain (R-AZ) brought a revised version of their Climate Stewardship Act of 2003 (S.139) to a vote in the United States Senate. While the measured failed by a vote of 43 to 55, the vote demonstrated growing bipartisan support for a genuine climate change policy.
The revised version of the bill would require the Administrator of the EPA to promulgate regulations to limit the greenhouse gas (GHG) emissions from the electricity generation, transportation, industrial, and commercial economic sectors (as defined by EPA's Inventory of U.S. Greenhouse Gas Emissions and Sinks). The affected sectors accounted for approximately 85% of the overall U.S. emissions in the year 2000. The bill also would provide for the trading of emissions allowances and reductions through a National Greenhouse Gas Database which would contain an inventory of emissions and registry of reductions.
Target: The bill would cap the 2010 aggregate emissions level for the covered sectors at the 2000 level. The bill's emissions limits would not apply to the agricultural and the residential sectors. Certain subsectors would be exempt if the Administrator determined that it was not feasible to measure their GHG emissions. The Commerce Department would biennially re-evaluate the level of allowances to determine whether it was consistent with the objective of the United Nation’s Framework Convention on Climate Change of stabilizing GHG emissions at a level that will prevent dangerous anthropogenic interference with the climate system.
Allowances: An entity that was in a covered sector, or that produced or imported synthetic GHGs, would be subject to the requirements of this bill if it (a) owned at least one facility that annually emitted more than 10,000 metric tons of GHGs (measured in units of carbon dioxide equivalents – MTCO2E); (b) produced or imported petroleum products used for transportation that, when combusted, would emit more than 10,000 MTCO2E; or (c) produced or imported HFC, PFC and SF6 that, when used, would emit more than 10,000 MTCO2E. Each covered entity would be required to submit to the EPA one tradeable allowance for each MTCO2E directly emitted. Each petroleum refiner or importer would be required to submit an allowance for each unit of petroleum product sold that, when combusted, would emit one MTCO2E. Each producer or importer of HFC, PFC, and SF6 would be required to submit an allowance for each unit sold that, when used, would emit one MTCO2E. The Administrator would determine the method of calculating the amount of GHG emissions associated with combustion of petroleum products and use of HFC, PFC, and SF6.
Allocation of Allowances: The Secretary of Commerce would determine the amount of allowances to be given away or "grandfathered" to covered entities and the amount to be auctioned. The Secretary's determination would be subject to a number of allocation factors identified in the bill. Proceeds from the auction would be used to reduce energy costs of consumers and assist disproportionately affected workers.
Flexibility Mechanisms: Covered entities would have flexibility in acquiring their allowances. In addition to the allowances grandfathered to them, covered entities could trade with other covered entities to acquire additional allowances, if necessary. Also, any entity would be allowed to satisfy up to 15% of its total allowance requirements by submitting (a) tradeable allowances from another nation's market in GHGs; (b) a net increase in sequestration registered with the National Greenhouse Gas Database established by the bill; (c) a GHG emission reduction by a non-covered entity registered with the Database; and (d) allowances borrowed against future reductions (as described below). A covered entity that agreed to emit no more than its 1990 levels by 2010 would be allowed meet up to 20% of its requirement through (a) international credits, (b) sequestration, and (c) registered reductions, but not (d) borrowed credits. An entity planning to make capital investments or deploy technologies within the next 5 years would be allowed to borrow against the expected GHG emission reductions to meet current year requirements. The loan would include a 10 percent interest rate.


National Greenhouse Gas Database: The EPA Administrator would be required to implement a comprehensive system for GHG reporting, inventorying, and reductions registrations. Covered entities would be required to report their GHG emissions and non-covered entities would be allowed to register GHG emission reductions and sequestration. The National Greenhouse Gas Database would be, to the maximum extent possible, complete, transparent, accurate, and designed to minimize costs incurred by entities in measuring and reporting emissions. The Commerce Department, within one year of enactment, would be required to establish, by rule, measurement and verification standards and standards to ensure a consistent and accurate record of GHG emissions, emissions reductions, sequestration, and atmospheric concentrations for use in the registry.
Penalty: Any covered entity not meeting its emissions limits would be fined for each ton of GHGs over the limit at the rate of three times the market value of a ton of GHG.
Research: The bill would establish a scholarship program at the National Science Foundation for students studying climate change. The bill would also require the Commerce Department to report on technology transfer and on the impact of the Kyoto Protocol on the U.S. industrial competitiveness and international scientific cooperation.
The bill also would make changes to the U.S. Global Change Research Program, establish an abrupt climate change research program at the Commerce Department, and establish a program at the National Institute of Standards and Technology in the areas of standards and measurement technologies.


2003 Climate Stewardship Act

The first Act (S. 139, H.R. 4067) was defeated in the U.S. Senate by 55 votes to 43.[1]
If passed, it would have capped 2010 CO2 emissions at the 2000 level. Residential and agricultural areas, as well as other areas deemed "not feasible", would be exempt. As such, approximately 85% of the United State's emissions would have been covered for the year 2000. The bill would have also established a scholarship at the National Academy of Sciences for those studying climatology.[1]

[edit] 2005 Climate Stewardship and Innovation Act

Under a slightly modified title, but with similar provisions, the Act (S. 1151) was reintroduced to a new Congress. The Act now called for the federal government to play a lead role in researching and commercialising new energy technologies, and particularly nuclear plant designs. [2] The bill was defeated 38 Yea to 60 Nay.[3]

[edit] 2007 Climate Stewardship and Innovation Act

The substantional strengthening of this Act (S. 280) involved the provision for the emissions cap, immobile in previous Acts, to be gradually reduced, following the theory of contraction and convergence. It was co-sponsored by eleven senators and also received endorsements from the National Wildlife Federation, Environmental Defense, and the Pew Center on Global Climate Change.[4]
Reductions in emissions under the Act would be to 2004 levels by 2012, 1990 levels by 2020, and 60% below 1990 by 2050.[2] The 60% target is the level posited for the forthcoming UK Climate Change Bill.

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