U.S. Senator Barbara Boxer (D-CA), Chairman of the Senate Committee on Environment and Public Works, today released the text of the Chairman's Mark of the Clean Energy Jobs and American Power Act (S. 1733), this past Friday. New and revised language in the Chairman's Mark released include:
• Specifies distribution of emissions allowances; • Ensures that the majority of investments in the bill are for consumer protection; • Includes new provisions to address clean coal technology; • Increases investments in energy efficiency and renewable energy; • Reduces greenhouse gas emissions and increases investments in the transportation sector; • Enhances agriculture and forestry provisions; • Directs assistance to rural communities; • Includes greater assistance for small and medium refineries; • Enhances the role of tribes; • Increases the size of the market stability reserve; and • Promotes advanced renewable fuels.
To see a copy of the bill, find it here. To find the differences between the earlier version? For more information on the bill and hearings scheduled for this week, beginning, contact dcherrin@cherrinlawgroup.com.