Analysis of S.139, the Climate Stewardship Act of 2003: Highlights and Summary |
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This report responds to a request from Senator James Inhofe, received on January 28, 2003, and Senators John McCain and Joseph Lieberman, received on April 2, 2003, to analyze the impact of S.139. S.139 would establish regulations to limit greenhouse gas emissions primarily through an emission allowance program and related emissions reporting requirements. The emissions allowance program would apply to most greenhouse gas emissions sources, the exceptions being the emissions from the residential and agriculture sectors, as well as emissions from organizational entities whose annual emissions are less than a certain threshold.
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