S. 139 (108th): Climate Stewardship Act of 2003

Jan 09, 2003 (108th Congress, 2003–2004)
Died (Referred to Committee) in a previous session of Congress

This bill was introduced on January 9, 2003, in a previous session of Congress, but was not enacted.

Jan 09, 2003
Joseph Lieberman
Senator from Connecticut
Read Text »
Last Updated
Oct 30, 2003
58 pages
Full Title

A bill to provide for a program of scientific research on abrupt climate change, to accelerate the reduction of greenhouse gas emissions in the United States by establishing a market-driven system of greenhouse gas tradeable allowances that could be used interchangably with passenger vehicle fuel economy standard credits, to limit greenhouse gas emissions in the United States and reduce dependence upon foreign oil, and ensure benefits to consumers from the trading in such allowances.


No summaries available.


9 cosponsors (7D, 2R) (show)

Senate Environment and Public Works

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Primary Source

THOMAS.gov (The Library of Congress)

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S. stands for Senate bill.

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

Climate Stewardship Act of 2003 - Establishes Federal climate change research and related activities, including:
(1) post-secondary scholarships;
(2) a study of technology transfer barriers;
(3) a report on the impact of the Kyoto Protocol on the United States;
(4) research grants on priority areas;
(5) research on potential abrupt climate change; and
(6) enhancing measurements, standards, and technologies that enable the reduction of greenhouse gasses.Directs the Administrator of the Environmental Protection Agency (EPA) to establish and maintain the National Greenhouse Gas Database, including the development of measurement and verification methods and standards.Requires covered entities to submit to the Administrator one tradeable allowance for every metric ton of carbon dioxide equivalence, specifically:
(1) the electric generation, industrial, and commercial sectors for greenhouse gases produced;
(2) producers or importers for hydrofluorocarbons, perfluorocarbons, or sulfur hexafluoride produced or imported; and
(3) petroleum refiners or importers for greenhouse gasses (when used for transportation).Permits:
(1) the use of tradeable allowances to achieve compliance;
(2) the conversion of fuel economy standard credits to tradeable allowances, as specified;
(3) borrowing against future reductions; and
(4) tradeable allowances to be sold, exchanged, purchased, retired, banked, or used.Permits the exemption of certain source categories if it is not feasible to measure or estimate emissions.Directs the Administrator to establish tradeable allowances in units of carbon dioxide equivalence.
Provides for the allocation of such allowances according to economic impact factors.Establishes the Climate Change Credit Corporation to manage tradeable allowances.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

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