S.Amdt. 4934

SA 4934. Mr. CRAIG submitted an amendment intended to be proposed by him to the bill S. 3036, to direct the Administrator of the Environmental Protection Agency to establish a program to decrease emissions of greenhouse gases, and for other purposes; which was ordered to lie on the table; as follows:

On page 475, between lines 5 and 6, insert the following:

(d) Effective Period.--

(1) In general.--This Act and the amendments made by this Act shall not take effect until the later of--

(A) the date on which the National Academy of Sciences submits to the Administrator and Congress a certification that the National Academy of Sciences has determined, with not less than 90 percent certainty, that the implementation of this Act will reduce global average temperature by not less than 0.5 degrees Celsius by January 1, 2050, as compared to the global average temperature that would have existed on that date in the absence of this Act; and

(B) the date on which the Administrator certifies that the cost of implementing this Act will not exceed the ratio that--

(i) $10,000,000,000,000 in reduced gross domestic product of the United States; bears to

(ii) the total number of degrees of globally averaged temperature increase avoided by 2050.

(2) Termination.--The authorities provided by this Act and the amendments made by this Act shall terminate on the date that is 10 years after the date of enactment of this Act if the Administrator determines that China or India has not adopted a climate change proposal similar in scope and effect to this Act by that date.