S.Amdt. 4954
What it does: Rewrites page 193, line 9 through page 194, line 12
Sen. Tim Johnson (D-SD)What it changes
1 change to S. 3036
We couldn't read part of this amendment. That part is shown as written below.
Rewrites page 193, line 9 through page 194, line 12
ReplacesPrinted pageRemoves page 193, line 9 through page 194, line 12 of the printed bill. See that page
Inserted: (b) Calculation.--
Inserted: (1) In general.--The regulations promulgated pursuant to subsection (a) shall provide that the quantity of emission allowances distributed to the owner or operator of an individual fossil fuel-fired electricity generator for a calendar year shall be equal to the product obtained by multiplying--
Inserted: (A) the quantity of emission allowances allocated pursuant to section 551; and
Inserted: (B) subject to paragraph (2), the quotient obtained by dividing--
Inserted: (i) the average annual quantity of carbon dioxide equivalents emitted by the fossil fuel-fired electricity generator during the 3 calendar years preceding the date of enactment of this Act; by
Inserted: (ii) the average annual quantity of carbon dioxide equivalents emitted by all fossil fuel-fired electricity generators during those 3 calendar years.
Inserted: (2) Initial baseline for new entrants.--For purposes of the calculation under paragraph (1), in the case of a fossil fuel-fired electricity generator that commences operation on or after January 1, 2009, the value described in subparagraph (B) of paragraph (1) for each of the first 3 calendar years for which the generator is in operation shall be the average annual quantity of carbon dioxide equivalent emitted by all fossil-fired electricity generators during those 3 calendar years.
Inserted: Strike the table that appears on page 203 after line 2 and insert the following:
Inserted: ------------------------------------------------------------------------Percentage for auction for Calendar year Climate Change Consumer Assistance Fund 2012................................................. 1.5 2013................................................. 1.75 2014................................................. 1.75 2015................................................. 2 2016................................................. 2.25 2017................................................. 2.5 2018................................................. 3 2019................................................. 4 2020................................................. 4 2021................................................. 4 2022................................................. 5 2023................................................. 5 2024................................................. 6 2025................................................. 6 2026................................................. 7 2027................................................. 8 2028................................................. 8 2029................................................. 9 2030................................................. 10 2031................................................. 14 2032................................................. 14 2033................................................. 14 2034................................................. 15 2035................................................. 15 2036................................................. 15 2037................................................. 15 2038................................................. 15 2039................................................. 15 2040................................................. 15 2041................................................. 15 2042................................................. 15 2043................................................. 15 2044................................................. 15 2045................................................. 15 2046................................................. 15 2047................................................. 15 2048................................................. 15 2049................................................. 15 2050................................................. 15.
Original wording
Beginning on page 193, strike line 9 and all that follows through page 194, line 12, and insert the following:
Shown as written
On page 193, strike the table that appears before line 1 and insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 4954. Mr. JOHNSON (for himself and Mr. Conrad) 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 193, strike the table that appears before line 1 and insert the following:
------------------------------------------------------------------------Percentage for distribution among fossil fuel-Calendar year fired electricity generators in United States
------------------------------------------------------------------------
2012................................................. 20
2013................................................. 20
2014................................................. 20
2015................................................. 20
2016................................................. 19.75
2017................................................. 19.5
2018................................................. 19.25
2019................................................. 18.25
2020................................................. 17
2021................................................. 15.5
2022................................................. 13.25
2023................................................. 12.25
2024................................................. 11
2025................................................. 10.75
2026................................................. 7.75
2027................................................. 6.5
2028................................................. 6.25
2029................................................. 5
2030................................................. 4.75.
------------------------------------------------------------------------
Beginning on page 193, strike line 9 and all that follows through page 194, line 12, and insert the following:
(b) Calculation.--
(1) In general.--The regulations promulgated pursuant to subsection (a) shall provide that the quantity of emission allowances distributed to the owner or operator of an individual fossil fuel-fired electricity generator for a calendar year shall be equal to the product obtained by multiplying--
(A) the quantity of emission allowances allocated pursuant to section 551; and
(B) subject to paragraph (2), the quotient obtained by dividing--
(i) the average annual quantity of carbon dioxide equivalents emitted by the fossil fuel-fired electricity generator during the 3 calendar years preceding the date of enactment of this Act; by
(ii) the average annual quantity of carbon dioxide equivalents emitted by all fossil fuel-fired electricity generators during those 3 calendar years.
(2) Initial baseline for new entrants.--For purposes of the calculation under paragraph (1), in the case of a fossil fuel-fired electricity generator that commences operation on or after January 1, 2009, the value described in subparagraph (B) of paragraph (1) for each of the first 3 calendar years for which the generator is in operation shall be the average annual quantity of carbon dioxide equivalent emitted by all fossil-fired electricity generators during those 3 calendar years.
Strike the table that appears on page 203 after line 2 and insert the following:
------------------------------------------------------------------------Percentage for auction for Calendar year Climate Change Consumer Assistance Fund
------------------------------------------------------------------------
2012................................................. 1.5
2013................................................. 1.75
2014................................................. 1.75
2015................................................. 2
2016................................................. 2.25
2017................................................. 2.5
2018................................................. 3
2019................................................. 4
2020................................................. 4
2021................................................. 4
2022................................................. 5
2023................................................. 5
2024................................................. 6
2025................................................. 6
2026................................................. 7
2027................................................. 8
2028................................................. 8
2029................................................. 9
2030................................................. 10
2031................................................. 14
2032................................................. 14
2033................................................. 14
2034................................................. 15
2035................................................. 15
2036................................................. 15
2037................................................. 15
2038................................................. 15
2039................................................. 15
2040................................................. 15
2041................................................. 15
2042................................................. 15
2043................................................. 15
2044................................................. 15
2045................................................. 15
2046................................................. 15
2047................................................. 15
2048................................................. 15
2049................................................. 15
2050................................................. 15.
------------------------------------------------------------------------
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Senate amendment submitted
June 5, 2008