sular Relations, done at Vienna April 24, 1963, and 
entered into force March 19, 1967, or under other 
international obligations of the United States. 
(3) EXCEPTION RELATING TO IMPORTATION OF 
GOODS.— 
(A) IN GENERAL.—The authority to block 
and prohibit all transactions in all property and 
interests in property under this section shall not 
include the authority to impose sanctions on the 
importation of goods. 
(B) GOOD DEFINED.—In this paragraph, 
the term ‘‘good’’ means any article, natural or 
man-made substance, material, supply or manu-
factured product, including inspection and test 
equipment, and excluding technical data. 
(g) IMPLEMENTATION; PENALTIES.— 
(1) IMPLEMENTATION.—The President may ex-
ercise all authorities provided under sections 203 
and 205 of the International Emergency Economic 
Powers Act (50 U.S.C. 1702 and 1704) to carry out 
this section. 
(2) PENALTIES.—A person that violates, at-
tempts to violate, conspires to violate, or causes a 
violation of this section or any regulation, license, or 
order issued to carry out this section shall be subject 
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to the penalties set forth in subsections (b) and (c) 
of section 206 of the International Emergency Eco-
nomic Powers Act (50 U.S.C. 1705) to the same ex-
tent as a person that commits an unlawful act de-
scribed in subsection (a) of that section. 
(h) REPORT REQUIRED.—Not later than one year 
after the date of the enactment of this Act, and annually 
thereafter, the Secretary of Energy, in consultation with 
the Secretary of State and the Administrator of the Envi-
ronmental Protection Agency, shall submit to the appro-
priate congressional committees a report that includes a 
list of each activity in a foreign country that— 
(1) is initiated or negotiated in the year pre-
ceding submission of the report; and 
(2) the Secretary determines is a covered activ-
ity, regardless of whether sanctions have been im-
posed with respect to the activity. 
(i) DEFINITIONS.—In this section: 
(1) APPROPRIATE
CONGRESSIONAL
COMMIT-
TEES.—The term ‘‘appropriate congressional com-
mittees’’ means— 
(A) the Committee on Environment and 
Public Works and the Committee on Foreign 
Relations of the Senate; and 
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(B) the Committee on Energy and Com-
merce and the Committee on Foreign Affairs of 
the House of Representatives. 
(2) CARBON
SINK.—The term ‘‘carbon sink’’ 
means a feature or process that absorbs more car-
bon from the atmosphere than it releases. 
(3) COVERED
ACTIVITY.—The term ‘‘covered 
activity’’ means any activity in a foreign country 
that, on or after the date of the enactment of this 
Act— 
(A) causes, or is likely to cause, significant 
excess greenhouse gas emissions associated with 
electrical power generation, including— 
(i) construction, importation, or ex-
portation of subcritical coal-fired power 
plants; or 
(ii) any action that significantly un-
dermines, as a result of timing or mag-
nitude, adoption in the country of high-ef-
ficiency, low-carbon, or renewable energy 
technology or infrastructure; 
(B) causes, or is likely to cause, significant 
or illegal deforestation or loss of natural carbon 
sinks, including— 
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(i) establishment of incentives for, or 
promotion of, systematic deforestation; 
(ii) engagement in, or failure to com-
bat, illegal logging, mining, or ranching; or 
(iii) unjust actions that limit or cir-
cumvent opposition to deforestation by in-
dividuals seeking to protect the environ-
ment, public health, or community land 
rights; or 
(C) knowingly misrepresents the environ-
mental impact of a project, investment, or prod-
uct, including misrepresenting the amount of 
greenhouse gas emissions associated with the 
project, investment, or product, in the context 
of— 
(i) assessments conducted by multilat-
eral organizations, national governments, 
or investors; or 
(ii) public efforts to gain market ad-
vantage based on purported environmental 
advantages of a product. 
(4) KNOWINGLY.—The term ‘‘knowingly’’, with 
respect to conduct, a circumstance, or a result, 
means that a person has actual knowledge, or should 
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have known, of the conduct, the circumstance, or the 
result. 
(5) FOREIGN PERSON.—The term ‘‘foreign per-
son’’ means a person that is not a United States 
person. 
(6) SUBCRITICAL COAL-FIRED POWER PLANT.— 
The term ‘‘subcritical coal-fired power plant’’ means 
a coal-fired power plant with carbon intensity equal 
to or greater than 880 kilograms of carbon dioxide 
per megawatt-hour. 
(7) 
UNITED
STATES
PERSON.—The 
term 
‘‘United States person’’ means— 
(A) a United States citizen or an alien law-
fully admitted for permanent residence to the 
United States; or 
(B) an entity organized under the laws of 
the United States or of any jurisdiction within 
the United States, including a foreign branch of 
such an entity. 
SEC. 7. ADDITIONAL RESOURCES FOR THE OFFICE OF FOR-
EIGN ASSETS CONTROL. 
There are authorized to be appropriated to the Sec-
retary of the Treasury such sums as may be necessary 
to support the targeting by the Office of Foreign Assets 
Control of persons under this Act and to enhance the abil-
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ity of that Office to target persons for the imposition of 
sanctions under the Global Magnitsky Human Rights Ac-
countability Act (subtitle F of title XII of Public Law 
114–328; 22 U.S.C. 2656 note). 
Æ 
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