Climate Stewardship Act of 2005

Bill: 109-hr-759
Sponsor: Rep. Gilchrest, Wayne T. [R-MD-1]
Introduced: 2005-02-10 in the House
Policy area: Environmental Protection
Subjects: Accounting
Administrative procedure
Agricultural conservation
Agricultural education
Agriculture and Food
Air pollution control
Alternative energy sources
Animals
Building construction
Building materials
Business records
Capital investments
Carbon cycle
Carbon dioxide
Climate change and greenhouse gases
Coal
Coastal zone
Commerce
Computer software
Congress
Congressional reporting requirements
Consultants
Consumer discounts
Cooperative societies
Data banks
Department of Commerce
Directories
Dislocated workers
Droughts
Ecological research
Economic impact statements
Economics and Public Finance
Ecosystem management
Education
Electric power production
Electric utilities
Electric utility rates
Electronic government information
Emergency Management
Emissions trading
Energy
Energy conservation
Energy consumption
Energy efficiency
Environmental Protection Agency
Environmental assessment
Environmental economics
Environmental health
Environmental law enforcement
Environmental monitoring
Environmental technology
Farmers
Federal aid to education
Federal aid to research
Finance and Financial Sector
Fines (Penalties)
Fisheries
Floods
Fluorocarbons
Foreign Trade and International Finance
Forest conservation
Forestry
Geophysical prediction
Government Operations and Politics
Government paperwork
Government publicity
Graduate education
Grants-in-aid
Habitat conservation
Health
Higher education
Housing and Community Development
Hydrocarbons
Identification devices
Imports
Industrial engineering
Industrial pollution
International Affairs
International competitiveness
International environmental cooperation
Internet
Labor and Employment
Laboratories
Land use
Law
Manufacturing industries
Marine and coastal resources, fisheries
Meteorological research
Meteorology
Methane
Motor vehicle pollution control
Nitrogen oxides
Nonprofit organizations
Occupational retraining
Oceanographic research
Oceanography
Ozone
Petroleum
Petroleum industry
Petroleum refineries
Pollution measurement
Public Lands and Natural Resources
Real estate development
Reforestation
Research and development
Research grants
Revolving funds
Scholarships
Science, Technology, Communications
Sea level
Small business
Social Welfare
Standards
Storage
Storms
Subsidies
Technological innovations
Tourism
Transportation and Public Works
Treaties
United Nations
Water Resources Development
Wildlife
Wind power

Summary:
action_date: 2005-02-10
text: 
Climate Stewardship Act of 2005 - Expands Federal climate change research initiatives by: (1) establishing a graduate fellowship program; (2) creating a grant program for research in identified priority areas; and (3) instituting research programs on potential abrupt climate change and greenhouse gas (GHG) related standards, measurement technologies, and processes.
 
Amends the Coastal Zone Management Act of 1972 to require the Secretary of Commerce to: (1) report to Congress on the oceanic and coastal impacts of climate change; and (2) assist certain coastal States in preparing persons to adapt to climate change.
 
Requires the Administrator of the Environmental Protection Agency (EPA) to establish a National Greenhouse Gas Database consisting of: (1) an inventory of GHG emissions by covered entities (specified entities that emit more than 10,000 metric tons of GHGs per year); and (2) a registry of GHG emission reductions and increased sequestration, applicable to both covered and noncovered entities.
 
Establishes a program for the market-driven reduction of GHGs by covered entities through the use of tradeable emissions allowances. Requires covered entities, beginning in 2010, to submit to the Administrator one tradeable allowance for every metric ton of GHGs emitted. Allows tradeable allowances to be sold, exchanged, purchased, retired, or otherwise used as authorized by this Act.
 
Establishes the Climate Change Credit Corporation (CCCC) to receive, manage, buy, and sell tradeable allowances. 
 
Directs the Administrator to make allocations of allowances to covered sectors and entities, and to the CCCC, providing initial allocations for early action and accelerated participation.
 
Imposes civil penalties on covered entities that fail to submit allowances.


Legislative actions:
action_date: 2005-02-28
text: Referred to the Subcommittee on Environment, Technology, and Standards.
action_date: 2005-02-25
text: Referred to the Subcommittee on Energy and Air Quality, for a period to be subsequently determined by the Chairman.
action_date: 2005-02-10
text: Referred to the Committee on Science, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2005-02-10
text: Referred to the Committee on Science, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2005-02-10
text: Referred to the Committee on Science, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2005-02-10
text: Introduced in House
action_date: 2005-02-10
text: Introduced in House