S.Amdt. 4978

SA 4978. Mr. REID (for Mr. Biden (for himself, Mr. Lugar, Mr.
Menendez, and Mr. Hagel)) submitted an amendment intended to be
proposed to amendment SA 4825 proposed by Mrs. Boxer (for herself, Mr.
Warner, and Mr. Lieberman) 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 44, line 10, strike ``; and'' and insert a
semicolon.
On page 44, line 11, strike the period at the end and
insert ``; and''.
On page 44, between lines 11 and 12, insert the following:
(vi) the Committee on Financial Services.
On page 44, line 14, strike ``subsection (c)(1)'' and
insert ``subsection (d)(1)''.
On page 44, strike lines 18 through 20 and insert the
following:
(A) is eligible to receive official development assistance
according to the guidelines of the Development Assistance
Committee of the Organization for Economic Cooperation and
Development; and
On page 45, between lines 8 and 9, insert the following:
(4) Fund.--The term ``Fund'' means the International Clean
Energy Deployment Fund established under subsection (c)(1).
On page 45, line 9, strike ``(4)'' and insert ``(5)''.
On page 45, between lines 17 and 18, insert the following:
(c) International Clean Energy Deployment Fund.--
(1) Establishment.--There is established in the Treasury of
the United States a fund, to be known as the ``International
Clean Energy Deployment Fund''.
(2) Use of funds.--All amounts in the Fund shall be made
available, without further appropriation or fiscal year
limitation, for purposes of this section.
On page 45, line 18, strike ``(c)'' and insert ``(d)''.
On page 46, line 23, strike ``; and'' and insert a
semicolon.
On page 47, line 2, strike the period at the end and insert
a semicolon.
On page 47, between lines 2 and 3, insert the following:
(D) no single country receives more than 15 percent of the
funds awarded during any 3-year period; and
(E) assistance is targeted at reducing or eliminating the
increased costs associated with deploying clean technologies
in place of traditional technologies.

[[Page S5374]]

Beginning on page 47, strike line 6 and all that follows
through page 48, line 2, and insert the following:
(5) Form of assistance.--
(A) In general.--Consistent with Federal and international
intellectual property law, assistance under this subsection
shall be provided--
(i) as direct assistance in the form of grants,
concessional loans, cooperative agreements, contracts,
insurance, or loan guarantees to or with qualified entities;
(ii) as indirect assistance to such entities through--

(I) funding for international clean technology funds
supported by multilateral institutions;
(II) support from development and export promotion
assistance programs of the United States Government; or
(III) support from international technology programs of the
Department of Energy; or

(iii) in such other forms as the Board may determine
appropriate.
(B) Oversight by the secretary of the treasury of
assistance for multilateral trust funds.--In the case of
assistance provided under subparagraph (A)(ii)(I) for a clean
technology fund or similar fund that is a multilateral trust
fund based at the World Bank, the Secretary of the Treasury
shall use the voice, vote, and influence of the United States
to ensure that the assistance is used in accordance with the
purposes of this section.
On page 48, beginning on line 20, strike ``emissions
through Federal or State engagement'' and insert the
following: ``emissions in eligible countries.
(C) Funding for Federal or State engagement
On page 49, beginning on line 10, strike ``the date that is
30 days after the date on which the Board submits'' and
insert ``30 days after submitting''.
On page 50, line 15, strike ``(d)'' and insert ``(e)''.
On page 50, lines 17 and 18, strike ``President'' and
insert ``Board''.
On page 50, line 24, strike ``President'' and insert
``Board''.
On page 51, line 6, strike ``; and'' and insert a
semicolon.
On page 51, line 15, strike the period at the end and
insert ``; and''.
On page 51, between lines 15 and 16, insert the following:
(C) such information as may be necessary to provide for the
evaluation, not less frequently than once every three years,
of the performance of each international clean technology
fund provided assistance pursuant to paragraph (5)(A)(ii)(I).
On page 51, line 16, strike ``(e)'' and insert ``(f)''.
On page 51, line 24, strike ``(f)'' and insert ``(g)''.
On page 52, line 3, strike ``(g)'' and insert ``(h)''.
On page 439, line 10, strike ``; and'' and insert a
semicolon.
On page 439, line 11, strike the period at the end and
insert ``; and''.
On page 439, between lines 11 and 12, insert the following:
(vi) the Committee on Financial Services.
On page 439, line 14, strike ``President'' and insert
``Board''.
On page 439, strike lines 15 through 17 and insert the
following:
(A) is eligible to receive official development assistance
according to the guidelines of the Development Assistance
Committee of the Organization for Economic Cooperation and
Development; and
On page 439, line 24, strike ``President'' and insert
``Board''.
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