Clean Energy and Security Act

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The Clean Energy and Security Act was a bill designed to reduce US greenhouse gas emissions and promote renewable energy sources . The design is also named Waxman Markey Bill after its authors Henry Waxman and Ed Markey . It was read in Congress in 2009 . In the House of Representatives it was adopted on June 26, 2009 with 219 votes to 212. In the Senate , due to the lack of a majority within the Democratic Party against the strong opposition, no resolution was passed.

The draft envisaged the introduction of an emissions trading system : Companies affected by the law would have received emissions certificates within the framework of a statutory upper limit , which they could either have "consumed" through their own emissions or sold on to companies that could not get by with their own certificates. This was intended to ensure that measures to reduce emissions are carried out where they cost the least. Of the emission certificates, 85 percent should be distributed free of charge, 15 percent should be auctioned. The auction proceeds were supposed to support socially disadvantaged households and protect tropical forests outside the USA.

The legal upper limits for emissions were set from 2012 to 2050. They should decrease by 17 percent by 2020 compared to 2005 and by 80 percent by 2050. The effects of protecting tropical forests would also have been added. According to the draft, large electricity producers would have had to generate 20 percent of their electricity with renewable energy sources by 2020 and electricity suppliers would have to offer 20 percent of electricity from renewable energies. In addition to the law additional investments in renewable energy (90 billion would be dollars by 2025), carbon capture (60 billion US dollars), electric cars have been fixed and other advanced technology (20 billion US dollars), and basic scientific research (20 billion US dollars).

Individual evidence

  1. ↑ Carl Hulse and David M. Herszenhorn, Democrats Call Of Climate Bill Effort In: New York Times , July 22, 2010. Retrieved December 6, 2010.

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