through land-grant colleges and universities and 
other appropriate institutions. 
PART 2—CARBON MARKET EFFICIENCY BOARD 
SEC. 151. ESTABLISHMENT OF BOARD. 
(a) ESTABLISHMENT.—There is established a board, 
to be known as the ‘‘Carbon Market Efficiency Board’’. 
(b) PURPOSES.—The purposes of the Board are— 
(1) to promote the achievement of the environ-
mental objectives of the United States, including na-
tional mandatory greenhouse gas emissions cap and 
reduction targets in this or any other Act; 
(2) to observe the national greenhouse gas 
tradeable allowance market and evaluate periods 
during which the cost of tradeable allowances pro-
vided under this Act or any other Federal law might 
pose significant harm to the economy; 
(3) to provide temporary, short-term relief at 
any time at which a market program for tradeable 
allowances under this Act or other Federal law is de-
termined to pose a significant harm to the economy, 
by using the cost relief measures prescribed under 
section 153; and 
(4) to submit to the President and Congress 
quarterly reports under section 152(c). 
(c) MEMBERSHIP.— 
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(1) COMPOSITION.—The Board shall be com-
posed of 7 members, who are citizens of the United 
States, to be appointed by the President, by and 
with the advice and consent of the Senate. 
(2) REQUIREMENTS.—In appointing members 
of the Board under paragraph (1), the President 
shall— 
(A) ensure fair representation of the finan-
cial, agricultural, industrial, and commercial 
sectors, and the geographical regions, of the 
United States and include a representative of 
consumer interests; and 
(B) appoint not more than 1 member from 
each such geographical region. 
(3) COMPENSATION.— 
(A) IN GENERAL.—A member of the Board 
shall be compensated at a rate equal to the 
daily equivalent of the annual rate of basic pay 
prescribed for level II of the Executive Schedule 
under section 5313 of title 5, United States 
Code, for each day (including travel time) dur-
ing which the member is engaged in the per-
formance of the duties of the Board. 
(B) CHAIRPERSON.—The Chairperson of 
the Board shall be compensated at a rate equal 
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to the daily equivalent of the annual rate of 
basic pay prescribed for level I of the Executive 
Schedule under section 5312 of title 5, United 
States Code, for each day (including travel 
time) during which the member is engaged in 
the performance of the duties of the Board. 
(4) PROHIBITIONS.— 
(A) CONFLICTS OF INTEREST.—An indi-
vidual employed by, or holding any official rela-
tionship (including any shareholder) with, any 
entity engaged in the generation, transmission, 
distribution, or sale of energy, or an individual 
who has any pecuniary interest in the genera-
tion, transmission, distribution, or sale of en-
ergy, shall not be appointed to the Board under 
this subsection. 
(B) NO OTHER EMPLOYMENT.—A member 
of the Board shall not hold any other employ-
ment during the term of service of the member. 
(d) TERM; VACANCIES.— 
(1) TERM.— 
(A) IN GENERAL.—The term of a member 
of the Board shall be 14 years, except that the 
members first appointed to the Board shall be 
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appointed for terms in a manner that ensures 
that— 
(i) the term of not more than 1 mem-
ber shall expire during any 2-year period; 
and 
(ii) no member serves a term of more 
than 14 years. 
(B) OATH OF OFFICE.—A member shall 
take the oath of office of the Board by not later 
than 15 days after the date on which the mem-
ber is appointed under subsection (c)(1). 
(C) REMOVAL.— 
(i) IN GENERAL.—A member may be 
removed from the Board on determination 
of the President for cause. 
(ii) NOTIFICATION.—The President 
shall submit to Congress a notification of 
any determination by the President to re-
move a member of the Board for cause 
under clause (i). 
(2) VACANCIES.— 
(A) IN
GENERAL.—A vacancy on the 
Board— 
(i) shall not affect the powers of the 
Board; and 
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(ii) shall be filled in the same manner 
as the original appointment was made. 
(B) SERVICE UNTIL NEW APPOINTMENT.— 
A member of the Board the term of whom has 
expired or otherwise been terminated shall con-
tinue to serve until the date on which a replace-
ment is appointed under subparagraph (A)(ii), 
as the President determines to be appropriate. 
(e) CHAIRPERSON
AND
VICE-CHAIRPERSON.—Of 
members of the Board, the President shall appoint— 
(1) 1 member to serve as Chairperson of the 
Board for a term of 4 years; and 
(2) 1 member to serve as Vice-Chairperson of 
the Board for a term of 4 years. 
(f) MEETINGS.— 
(1) INITIAL MEETING.—The Board shall hold 
the initial meeting of the Board as soon as prac-
ticable after the date on which all members have 
been appointed to the Board under subsection 
(c)(1). 
(2) PRESIDING
OFFICER.—A meeting of the 
Board shall be presided over by— 
(A) the Chairperson; 
(B) in any case in which the Chairperson 
is absent, the Vice-Chairperson; or 
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(C) in any case in which the Chairperson 
and Vice-Chairperson are absent, a chairperson 
pro tempore, to be elected by the members of 
the Board. 
(3) QUORUM.—Four members of the Board 
shall constitute a quorum for a meeting of the 
Board. 
(4) OPEN MEETINGS.—The Board shall be sub-
ject to section 552b of title 5, United States Code 
(commonly known as the ‘‘Government in the Sun-
shine Act’’). 
SEC. 152. DUTIES. 
(a) INFORMATION GATHERING.— 
(1) AUTHORITY.—The Board shall collect and 
analyze relevant market information to promote a 
full understanding of the dynamics of the green-
house gas emission tradeable allowance market. 
(2) INFORMATION.—The Board shall gather 
such information as the Board determines to be ap-
propriate regarding the status of the market de-
scribed in paragraph (1), including information re-
lating to— 
(A) tradeable allowance allocation and 
availability; 
(B) the price of tradeable allowances; 
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age price of tradeable allowances during the 90-day period 
immediately preceding such report. 
(c) REPORTS.—The Board shall submit to the Presi-
dent and Congress quarterly reports— 
(1) describing— 
(A) the status of markets for tradeable al-
lowances provided under this Act or other Fed-
eral law; 
(B) the economic effects of the markets; 
(C) regional, industrial, consumer, and en-
ergy investment responses to the markets; 
(D) any corrective measures that should be 
carried out to relieve excessive costs of the mar-
kets; and 
(E) plans to compensate for those meas-
ures; 
(2) describing any cost relief measures carried 
out under section 153; 
(3) that are timely and succinct to ensure reg-
ular monitoring of market trends; and 
(4) that are prepared independently by the 
Board, and not in partnership with Federal agen-
cies. 
SEC. 153. POWERS. 
(a) COST RELIEF MEASURES.— 
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(1) INITIAL PERIOD.—During 2012 and 2013, 
if the Board determines that the average daily clos-
ing price of tradeable allowances during any 90-day 
period exceeds the upper range of the estimate pro-
vided under section 154, the Board shall instruct the 
Administrator to increase the quantity of credits 
under section 143 that covered entities may receive. 
(2) PERMANENT
AUTHORITY.—Beginning on 
January 1, 2014, if the Board determines that the 
tradeable allowance market poses a significant harm 
to the economy of the United States, the Board may 
carry out 1 or more of the following cost relief meas-
ures to ensure a functioning, stable, and efficient 
market for tradeable allowances to emit greenhouse 
gases: 
(A) Instruct the Administrator to increase 
the quantity of credits under section 143 that 
covered entities may receive. 
(B) Expand the period during which a cov-
ered entity may repay the allocating agency for 
a tradeable allowance provided under subpara-
graph (A). 
(C) Lower the percentage of carrying costs 
required under section 143(c)(1) with respect to 
tradeable allowances provided under subpara-
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graph (A), to a level not less than the percent-
age of the Moody’s seasoned Aaa corporate 
bond rate most recently published in the Fed-
eral Reserve Statistical Release on selected in-
terest rates, commonly referred to as the H.15 
release. 
(3) SUBSEQUENT ACTIONS.—On determination 
by the Board to carry out a cost relief measure pur-
suant to paragraph (1) or (2), the Board shall— 
(A) allow the cost relief measure to be 
used only during the applicable allocation year; 
(B) exercise the cost relief measure incre-
mentally, and only as needed to avoid signifi-
cant economic harm during the applicable allo-
cation year; and 
(C) evaluate, at the end of the applicable 
allocation year, actions that need to be carried 
out during subsequent years to compensate for 
any cost relief measure carried out during the 
applicable allocation year. 
(4) INCREASE IN QUANTITY OF ALLOWANCES.— 
(A) IN
GENERAL.—If the Board carries 
out a cost relief measure pursuant to paragraph 
(1) or (2) that results in the expansion of bor-
rowing of tradeable allowances under Federal 
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law, and if the Board determines that the aver-
age daily closing price of tradeable allowances 
for the 90-day period beginning on the date on 
which borrowing is so expanded exceeds the 
upper limit of the range of the estimate pro-
vided under section 154, the Board shall in-
struct the Administrator to— 
(i) increase the total quantity of 
tradeable allowances provided to all cov-
ered entities in accordance with this para-
graph; and 
(ii) reduce the quantity of tradeable 
allowances to be provided for a subsequent 
year or years by the same amount. 
(B) REQUIREMENTS.—An increase in the 
quantity of tradeable allowances under subpara-
graph (A) shall— 
(i) apply to all covered entities; 
(ii) be allocated in accordance with 
the applicable formulas and procedures es-
tablished under this Act; 
(iii) be equal to not more than 5 per-
cent of the total quantity of tradeable al-
lowances otherwise available for the appli-
cable allocation year under this Act; 
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(iv) be provided only during the 6- 
month period immediately following a de-
termination of the Board under subpara-
graph (A); and 
(v) specify the subsequent year or 
years in which the quantity of tradeable al-
lowances will be reduced in accordance 
with subparagraph (A), which shall be not 
more than 15 years after the year in which 
the increase in the quantity of tradeable al-
lowances is provided. 
(b) LIMITATIONS.—Nothing in this section gives the 
Board the authority— 
(1) to consider or prescribe entity-level petitions 
for relief from the costs of a tradeable allowance al-
location or trading program established under this 
Act or other Federal law; 
(2) to carry out any investigative or punitive 
process under the jurisdiction of any Federal or 
State court; 
(3) to interfere with, modify, or adjust any 
tradeable allowance allocation scheme established 
under this Act or other Federal law; or 
(4) to modify the goals of any limit on green-
house gas emissions. 
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SEC. 154. ESTIMATE OF COSTS TO ECONOMY OF LIMITING 
GREENHOUSE GAS EMISSIONS. 
(a) INITIAL REPORT.—The Administrator shall enter 
into an arrangement with the National Academy of 
Sciences for a report, to be submitted to Congress not 
later than December 31, 2011. Such report shall, using 
economic and scientific analyses, describe the projected 
price range at which tradeable allowances are expected to 
trade during the period with respect to which this Act ap-
plies. 
(b) REASSESSMENTS.—The Board may instruct the 
Administrator to arrange for a reassessment and new re-
port under subsection (a) as necessary. 
Subtitle D—Allocation of Tradeable 
Allowances 
SEC. 161. DETERMINATION OF TRADEABLE ALLOWANCE 
ALLOCATIONS. 
(a) IN GENERAL.—The Administrator shall annually 
determine— 
(1) the amount of tradeable allowances to be al-
located to each covered sector; and 
(2) the amount of tradeable allowances to be al-
located to the Climate Change Credit Corporation 
established under section 201. 
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(b) ALLOCATION FACTORS.—In making the deter-
mination required by subsection (a), the Administrator 
shall consider— 
(1) the distributive effect of the allocations on 
household income and net worth of individuals; 
(2) the impact of the allocations on corporate 
income, taxes, and asset value; 
(3) the impact of the allocations on income lev-
els of consumers and on their energy consumption; 
(4) the effects of the allocations in terms of eco-
nomic efficiency; 
(5) the ability of covered entities to pass 
through compliance costs to their customers; 
(6) the degree to which the amount of alloca-
tions to the covered sectors should decrease over 
time; 
(7) the need to maintain the international com-
petitiveness of United States manufacturing and 
avoid the additional loss of United States manufac-
turing jobs; and 
(8) the necessary funding levels for the initia-
tives and programs described in section 202. 
(c) ALLOCATION RECOMMENDATIONS
AND IMPLE-
MENTATION.—Not later than 24 months after the date of 
enactment of this Act, and annually thereafter, the Ad-
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ministrator shall submit the determinations under sub-
section (a) to the Committee on Commerce, Science, and 
Transportation and the Committee on Environment and 
Public Works of the Senate, and to the Committee on 
Science and Technology and the Committee on Energy 
and Commerce of the House of Representatives. The Ad-
ministrator’s determinations under subsection (a)(1), and 
the allocations and provision of tradeable allowances pur-
suant to that determination, are deemed to be a major 
rule (as defined in section 804(2) of title 5, United States 
Code), and subject to the provisions of chapter 8 of that 
title. 
SEC. 162. PROVISION OF TRADEABLE ALLOWANCES. 
(a) IN GENERAL.—The Administrator shall, by regu-
lation, establish a process for providing tradeable allow-
ances without cost to covered entities described in sub-
paragraphs (A) and (B)(i) and (ii) of section 3(5) that 
will— 
(1) encourage investments that increase the ef-
ficiency of the processes that produce greenhouse 
gas emissions; 
(2) minimize the costs to the Government of 
providing the tradeable allowances; 
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(3) give credit to covered entities for emissions 
reductions made before 2012 and registered with the 
database; and 
(4) provide sufficient tradeable allowances for 
new entrants into the sector. 
(b) ALLOCATION TO COVERED ENTITIES IN STATES 
ADOPTING MANDATORY GREENHOUSE GAS EMISSIONS 
REDUCTION PROGRAMS.—For a covered entity operating 
in any State that has adopted a legally binding and en-
forceable program to achieve and maintain greenhouse gas 
emission reductions that are consistent with, or more 
stringent than, reductions mandated by this Act, and 
which requirements are effective prior to 2012, the Ad-
ministrator shall consider such binding State actions in 
making the final determination of allocation to such cov-
ered entities. 
SEC. 163. ENSURING TARGET ADEQUACY. 
(a) IN GENERAL.—Beginning 2 years after the date 
of enactment of this Act, the Under Secretary of Com-
merce for Oceans and Atmosphere shall review the amount 
of allowances established under section 124 no less fre-
quently than biennially— 
(1) to re-evaluate the levels established by that 
section, after taking into account the best available 
science and the most currently available data; and 
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(2) to re-evaluate the environmental and public 
health impacts of specific concentration levels of 
greenhouse gases, 
to determine whether the amount of those allowances con-
tinues to be consistent with the objective of the United 
Nations’ Framework Convention on Climate Change of 
stabilizing levels of greenhouse gas emissions at a level 
that will prevent dangerous anthropogenic interference 
with the climate system. 
(b) REVIEW OF 2012 LEVELS.—The Under Secretary 
of Commerce for Oceans and Atmosphere shall specifically 
review in 2010 the level established under section 
124(a)(1), and transmit a report on his reviews, together 
with any recommendations, including legislative rec-
ommendations, for modification of the levels, to the Com-
mittee on Commerce, Science, and Transportation and the 
Committee on Environment and Public Works of the Sen-
ate, and to the Committee on Science and Technology and 
the Committee on Energy and Commerce of the House 
of Representatives. 
SEC. 164. INITIAL ALLOCATIONS FOR EARLY PARTICIPA-
TION AND ACCELERATED PARTICIPATION. 
Before providing any tradeable allowances under sec-
tion 162, the Administrator shall allocate— 
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(1) to any covered entity an amount of 
tradeable allowances equivalent to the amount of 
greenhouse gas emission reductions registered by 
that covered entity in the database if— 
(A) the covered entity has requested to use 
the registered reduction in the year of alloca-
tion; 
(B) the reduction was registered prior to 
2012; and 
(C) the Administrator retires the unique 
serial number assigned to the reduction under 
section 101(c)(3); and 
(2) to any covered entity that has entered into 
an accelerated participation agreement under section 
165, such tradeable allowances as the Administrator 
has determined to be appropriate under that section. 
SEC. 165. BONUS FOR ACCELERATED PARTICIPATION. 
(a) IN GENERAL.—If a covered entity executes an 
agreement with the Administrator under which it agrees 
to reduce its level of greenhouse gas emissions to a level 
no greater than the level of its greenhouse gas emissions 
for calendar year 1990 by the year 2012, then, for the 
6-year period beginning with calendar year 2012, the Ad-
ministrator shall— 
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(1) provide additional tradeable allowances to 
that entity when allocating allowances under section 
164 in order to recognize the additional emission re-
ductions that will be required of the covered entity; 
(2) allow that entity to satisfy 20 percent (in 
addition to the amount authorized under section 
144(a)) of its requirements under section 121 by 
any combination of— 
(A) submitting tradeable allowances from 
another nation’s market in greenhouse gas 
emissions under the conditions described in sec-
tion 144(a)(1); 
(B) submitting a registered net increase in 
sequestration, as registered in the database, ad-
justed, if necessary, to comply with the account-
ing standards and methods described in section 
144(c); and 
(C) submitting a greenhouse gas emission 
reduction (other than a registered net increase 
in sequestration) that was registered in the 
database by a person that is not a covered enti-
ty. 
(b) TERMINATION.—An entity that executes an 
agreement described in subsection (a) may terminate the 
agreement at any time. 
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(c) FAILURE TO MEET COMMITMENT.—If an entity 
that executes an agreement described in subsection (a) 
fails to achieve the level of emissions to which it committed 
by calendar year 2012, including through termination 
under subsection (b)— 
(1) its requirements under section 121 shall be 
increased by the amount of any tradeable allowances 
provided to it under subsection (a)(1) of this section; 
and 
(2) any tradeable allowances submitted there-
after shall be counted first against the increase in 
those requirements. 
TITLE II—CLIMATE CHANGE 
CREDIT CORPORATION 
SEC. 201. ESTABLISHMENT. 
(a) IN GENERAL.—The Climate Change Credit Cor-
poration (in this title referred to as the ‘‘Corporation’’) 
is established as a nonprofit corporation without stock. 
The Corporation shall not be considered to be an agency 
or establishment of the United States Government. 
(b) APPLICABLE LAWS.—The Corporation shall be 
subject to the provisions of this Act and, to the extent 
consistent with this Act, to the District of Columbia Busi-
ness Corporation Act. 
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(c) BOARD OF DIRECTORS.—The Corporation shall 
have a board of directors of 5 individuals who are citizens 
of the United States, of whom 1 shall be elected annually 
by the board to serve as chairman. No more than 3 mem-
bers of the board serving at any time may be affiliated 
with the same political party. The members of the board 
shall be appointed by the President of the United States, 
by and with the advice and consent of the Senate, and 
shall serve for terms of 5 years. 
SEC. 202. PURPOSES AND FUNCTIONS. 
(a) TRADING.—The Corporation— 
(1) shall receive and manage tradeable allow-
ances allocated to it under section 161(a)(2); 
(2) shall buy and sell tradeable allowances, 
whether allocated to it under that section or ob-
tained by purchase, trade, or donation from other 
entities; and 
(3) may not retire tradeable allowances unused. 
(b) USE OF TRADEABLE ALLOWANCES AND PRO-
CEEDS.— 
(1) IN GENERAL.—The Corporation shall use 
the tradeable allowances, and proceeds derived from 
its trading activities in tradeable allowances, to re-
duce costs borne by consumers as a result of the 
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greenhouse gas reduction requirements of this Act. 
The reductions— 
(A) may be obtained by buy-down, subsidy 
(including through the Low-Income Home En-
ergy Assistance Act of 1981, part A of title IV 
of the Energy Conservation and Production 
Act, or the provision of financial assistance to 
promote the availability of reasonably-priced 
electricity in off-grid rural regions in which 
electricity prices exceed 150 percent of the na-
tional average), negotiation of discounts, con-
sumer rebates, or otherwise; 
(B) shall be, as nearly as possible, equi-
tably distributed across all regions of the 
United States; and 
(C) may include arrangements for pref-
erential treatment to consumers who can least 
afford any such increased costs. 
(2) TRANSITION ASSISTANCE TO DISLOCATED 
WORKERS
AND
COMMUNITIES.—The Corporation 
shall allocate a percentage of the proceeds derived 
from its trading activities in tradeable allowances to 
provide transition assistance to dislocated workers 
and communities. Transition assistance may take 
the form of— 
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(A) grants to employers, employer associa-
tions, and representatives of employees— 
(i) to provide training, adjustment as-
sistance, and employment services to dis-
located workers; and 
(ii) to make income-maintenance and 
needs-related payments to dislocated work-
ers; and 
(B) grants to State and local governments 
to assist communities in attracting new employ-
ers or providing essential local government serv-
ices. 
(3) PHASE-OUT OF TRANSITION ASSISTANCE.— 
The percentage allocated by the Corporation under 
paragraph (2)— 
(A) shall be 20 percent for 2012; and 
(B) shall be reduced by 2 percentage 
points each of the next 10 years thereafter. 
(4) TECHNOLOGY DEPLOYMENT PROGRAMS.— 
The Corporation shall establish and carry out a pro-
gram, through direct grants, revolving loan pro-
grams, or other financial measures, to provide sup-
port for the deployment of technology to assist in 
compliance with this Act by distributing the pro-
ceeds from no less than 10 percent of the total al-
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lowances allocated to it for each year. The support 
shall include the following: 
(A) COAL GASIFICATION COMBINED-CYCLE 
AND
GEOLOGICAL
CARBON
STORAGE
PRO-
GRAM.—The Corporation shall establish and 
carry out a program, through direct grants, to 
provide incentives for the repowering of existing 
facilities or construction of new facilities pro-
ducing electricity or other products from coal 
gasification combined-cycle plants that capture 
and geologically store at least 90 percent of the 
carbon dioxide produced at the facility in ac-
cordance with requirements established by the 
Administrator to ensure the permanence of the 
storage and that such storage will not cause or 
contribute to significant adverse effects on pub-
lic health or the environment. The Corporation 
shall ensure that no less than 20 percent of the 
funding under this program is distributed to 
rural electric cooperatives. 
(B) AGRICULTURAL PROGRAMS.—The Cor-
poration shall establish and carry out a pro-
gram, through direct grants, revolving loan pro-
grams, or other financial measures, to provide 
incentives for greenhouse gas emissions reduc-
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tions or net increases in sequestration on agri-
cultural lands. The program shall include incen-
tives for— 
(i) production of wind energy on agri-
cultural lands; 
(ii) agricultural management practices 
that achieve verified, incremental increases 
in net carbon sequestration, in accordance 
with the requirements established by the 
Administrator under section 144(c); and 
(iii) production of renewable fuels 
that, after consideration of the energy 
needed to produce such fuels, result in a 
net reduction in greenhouse gas emissions. 
(5) ADAPTATION
ASSISTANCE
FOR
FISH
AND 
WILDLIFE HABITAT.—The Corporation shall fund ef-
forts to strengthen and restore habitat that improve 
the ability of fish and wildlife to adapt successfully 
to climate change. The Corporation shall deposit the 
proceeds from no less than 10 percent of the total 
allowances allocated to it in the wildlife restoration 
fund subaccount known as the Wildlife Conservation 
and Restoration Account established under section 3 
of the Pittman-Robertson Wildlife Restoration Act 
(16 U.S.C. 669b). Amounts deposited in the sub-
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account under this paragraph shall be available 
without further appropriation for obligation and ex-
penditure under that Act. 
(6) LARGE-SCALE AQUATIC ECOSYSTEMS.—The 
Corporation shall use 25 percent of the total allow-
ances allocated to it for each fiscal year for projects 
to restore— 
(A) large-scale freshwater aquatic eco-
systems, such as the Great Lakes and the Ever-
glades; and 
(B) large-scale estuarine ecosystems, such 
as Chesapeake Bay, California Bay Delta, 
Coastal Louisiana, Long Island Sound, and 
Puget Sound. 
(7) OPERATIONS OF BOARD.—The Corporation 
shall provide funding for the operations of the 
Board. 
TITLE III—MISCELLANEOUS 
SEC. 301. NOAA REPORT ON CLIMATE CHANGE EFFECTS; 
PREPARATION ASSISTANCE. 
The Coastal Zone Management Act of 1972 (16 
U.S.C. 1451 et seq.) is amended by adding at the end 
the following: 
‘‘REPORT ON EFFECTS OF CLIMATE CHANGE 
‘‘SEC. 320. (a) IN GENERAL.—The Secretary shall 
report to the Congress not later than 2 years after the 
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date of enactment of this section, and every 5 years there-
after, on the possible and projected impacts of climate 
change on— 
‘‘(1) oceanic and coastal ecosystems, including 
marine fish and wildlife and their habitat, and the 
commercial and recreational fisheries and tourism 
industries associated with them; and 
‘‘(2) coastal communities, including private resi-
dential and commercial development and public in-
frastructure in the coastal zone. 
‘‘(b) CONTENTS.—Each report under this section 
shall include information regarding— 
‘‘(1) the impacts that may be due to climate 
change that have occurred as of the date of the sub-
mission of the report; and 
‘‘(2) the projected future impacts of climate 
change. 
‘‘(c) IMPACTS.—The impacts reported on under sub-
section (b) shall include any— 
‘‘(1) increases in sea level; 
‘‘(2) increases in storm activity and intensity; 
‘‘(3) increases in floods, droughts, and other ex-
tremes of weather; 
‘‘(4) increases in the temperature of the air and 
the water on oceanic and coastal ecosystems, with a 
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particular focus on vulnerable fisheries and eco-
systems; and 
‘‘(5) changes in the acidity of the ocean surface 
associated with an increase in concentration of car-
bon dioxide in the atmosphere. 
‘‘CLIMATE CHANGE PREPARATION ASSISTANCE 
‘‘SEC. 321. (a) IN GENERAL.—The Secretary shall 
provide technical assistance to each coastal State that has 
an approved coastal zone management plan under this 
title, to assist such States in preparing persons living with-
in their coastal zones to adapt to climate change. 
‘‘(b) IDENTIFICATION OF AFFECTED AREAS AND AD-
APTATIONS.—In carrying out this section, the Secretary 
shall— 
‘‘(1) identify the projected impacts of climate 
change to which persons located in coastal zones 
may need to adapt, including— 
‘‘(A) increases in sea level; 
‘‘(B) increases in storm activity and inten-
sity; and 
‘‘(C) increases in floods, droughts, and 
other extremes of weather; 
‘‘(2) identify the specific coastal areas of the 
United States, and the public and private develop-
ment in coastal communities and the natural re-
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sources of the coastal zone, that are vulnerable to 
the impacts identified under paragraph (1); 
‘‘(3) identify the various adaptation measures 
that may be used to protect the areas and resources 
identified under paragraph (2) from the impacts 
identified under paragraph (1); and 
‘‘(4) estimate the costs of the adaptation meas-
ures identified under paragraph (3).’’. 
SEC. 302. ADAPTATION TECHNOLOGIES. 
(a) IN GENERAL.—The Director of the Office of 
Science and Technology Policy shall establish a program 
on adaptation technologies as part of the Climate Tech-
nology Challenge Program. The Director shall perform an 
assessment of the climate change technological needs of 
various regions of the country. This assessment shall be 
provided to the Committee on Commerce, Science, and 
Transportation of the Senate and the Committee on 
Science and Technology of the House of Representatives 
within 6 months after the date of enactment of this Act. 
(b) REGIONAL ESTIMATES.—The Director of the Of-
fice of Science and Technology Policy, in consultation with 
the Secretaries of Transportation, Homeland Security, 
Agriculture, Housing and Urban Development, Health 
and Human Services, Defense, Interior, Energy, and Com-
merce, the Administrator of the Environmental Protection 
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Agency, the Director of United States Geological Survey, 
and other such Federal offices as the Director considers 
necessary, along with relevant State agencies, shall per-
form 6 regional infrastructure cost assessments covering 
the United States, and a national cost assessment, to pro-
vide estimates of the range of costs that should be antici-
pated for adaptation to the impacts of climate change. The 
Director shall develop those estimates for low, medium, 
and high probabilities of climate change and its potential 
impacts. The assessments shall be provided to the Com-
mittee on Commerce, Science, and Transportation of the 
Senate and the Committee on Science and Technology of 
the House of Representatives within 1 year after the date 
of enactment of this Act. 
(c) ADAPTATION PLAN.— 
(1) IN GENERAL.—Within 6 months after the 
date of enactment of this Act, the Secretary of Com-
merce shall submit a climate change adaptation plan 
for the United States to the Congress. The adapta-
tion plan shall be based upon assessments performed 
by the United Nations Intergovernmental Panel on 
Climate Change, those as required by the 1990 
Global Change Research Act, and any other sci-
entific peer-reviewed regional assessments. 
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SEC. 303. MITIGATING CLIMATE CHANGE’S IMPACTS ON 
THE POOR. 
(a) IN GENERAL.—The Secretary shall conduct re-
search on the impact of climate change on low-income pop-
ulations everywhere in the world. The research shall— 
(1) include an assessment of the adverse impact 
of climate change on low-income populations in the 
United States and on developing countries; 
(2) identify appropriate climate change adapta-
tion measures and programs for developing countries 
and low-income populations and assess the impact of 
those measures and programs on low-income popu-
lations; 
(3) identify appropriate climate change mitiga-
tion strategies and programs for developing coun-
tries and low-income populations and assess the im-
pact of those strategies and programs on developing 
countries and on low-income populations in the 
United States; and 
(4) include an estimate of the costs of devel-
oping and implementing those climate change adap-
tation and mitigation programs. 
(b) REPORT.—Within 1 year after the date of enact-
ment of this Act, the Secretary shall transmit a report 
on the research conducted under subsection (a) to the 
Committee on Commerce, Science, and Transportation 
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and the Committee on Environment and Public Works of 
the Senate, and to the Committee on Science and Tech-
nology and the Committee on Energy and Commerce of 
the House of Representatives. 
(c) AUTHORIZATION
OF APPROPRIATIONS.—There 
are authorized to be appropriated to the Secretary 
$2,000,000 to carry out the research required by sub-
section (a). 
SEC. 304. WILDLIFE CONSERVATION. 
(a) FUNDING FOR CLIMATE CHANGE IMPACT MITI-
GATION PLANNING.—Section 3(c) of the Pittman-Robert-
son Wildlife Restoration Act (16 U.S.C. 669b(c)) is 
amended by adding at the end the following: 
‘‘(4) CLIMATE
CHANGE
IMPACT
MITIGATION 
PLANS.—Amounts deposited in the Wildlife Con-
servation and Restoration Account under section 
202(b)(5) of the Climate Stewardship and Economic 
Security Act of 2007— 
‘‘(A) may be used by States to provide rel-
evant information, training, monitoring, and 
other assistance to develop climate change im-
pact mitigation plans and integrate them into 
State Comprehensive Wildlife Conservation 
Strategies; and 
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‘‘(B) shall be used by States to implement 
climate change impact mitigation plans inte-
grated into Comprehensive Wildlife Conserva-
tion Strategies.’’. 
(b) CONFORMING AMENDMENT.—Section 3(a)(2) of 
the Pittman-Robertson Wildlife Restoration Act (16 
U.S.C. 669b(a)(2)) is amended in the second sentence by 
inserting ‘‘(in addition to amounts deposited under section 
202(b)(5) of the Climate Stewardship and Economic Secu-
rity Act of 2007)’’ after ‘‘Wildlife Conservation and Res-
toration Account’’. 
Æ 
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