The timetable isn't really fast enough, but they certainly have the right idea, and to be fair, I'm not exactly sure what a
feasible plan for a more aggressive timetable would look like. I like the data-driven attitude: If CO2 rises to 450ppb, up the aggression.
If nothing else, it's light-years ahead of any other legislation I've seen on the topic.
Requires that the U.S. reduce its emissions between 2010 and 2020 to 1990 levels. By 2030, the U.S. must reduce its emissions by 1/3 of 80% percent below 1990 levels, by 2040 by 2/3 of 80% percent below 1990 levels and by 2050, to a level that is 80 percent below 1990 levels.
· Requires that power plants, automobiles and carbon intensive businesses reduce their global warming pollution.
· In the event that global atmospheric concentrations exceed 450 parts per million or that average global temperatures increase above 2 degrees Celsius (3.6 degrees Fahrenheit) above the pre-industrial average, EPA can require additional reductions.
· Provides for standards and grants for sequestration of greenhouse gases.
· The National Academy of Sciences will report to EPA and the Congress to determine whether goals of the Act have been met.
· Requires the US to derive 20% of its electricity from renewable sources by 2020.
· Establishes energy efficiency standards similar those found in California and ten other states.
· Invests in innovative technologies.
http://epw.senate.gov/pressitem.cfm?party=dem&id=258989