1、Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS22076Updated July 18, 2005Climate Change: Summary and Analysis of the Climate Stewardship Act (S. 342, S. 1151, and H.R. 759)Larry Parker and Brent YacobucciSpecialists in Energy and
2、 Environmental PolicyResources, Science, and Industry DivisionSummaryThe Climate Stewardship Act (S. 342, S. 1151, and H.R. 759) would reduceemissions of six greenhouse gases from anticipated levels beginning in 2010. Using aflexible, market-based implementation strategy, the bills would require eco
3、nomy-widereductions, but permit participation in pre-certified international trading systems and incarbon sequestration programs to achieve part of the reduction requirement. The billsexclude residential and agricultural sources of greenhouse gases, along with entities thatdo not own a single facili
4、ty that emits more than 10,000 metric tons of carbon dioxideequivalents annually.As introduced, S. 342, S. 1151, and H.R. 759 would require that greenhouse gasemissions from covered entities be limited to year 2000 levels. By restricting thereduction regime to a single phase with a 2000 level target
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