American Clean Energy and Security Act

The Clean Energy and Security Act is a bill that the American reduces greenhouse gas emissions and renewable energy sources should be encouraged. The design is according to its authors Henry Waxman and Ed Markey also known as Waxman -Markey Bill. It was read in Congress in 2009. In the House, he was accepted on 26 June 2009 with 219 to 212 votes. In the Senate, it was due to lack of majority within the Democratic Party against the strong opposition to any decision.

The draft provides for the introduction of an emissions trading scheme before: from the law company concerned obtained under a legal limit carbon credits, which they can " consume " either through their own emissions or to sell to those companies that do not get along with their own certificates. This is to ensure that measures to reduce emissions are carried out where it costs the least. Of the 85 percent of emission allowances to be distributed free of charge, 15 percent will be auctioned. With the sale proceeds vulnerable households support and tropical forests to be protected outside the United States.

The legal limit for emissions fixed from 2012 to 2050. They are 17 percent by 2050 compared to the year 2005 to 2020 by 80 percent. For this purpose, the effects get through the protection of tropical forests. Large electricity producers to produce according to the design by 2020 20 percent of their electricity from renewable energy sources, electricity providers have a share of 20 percent of electricity from renewable energy sources in the offer. In addition, the Law additional investment in renewable energy ( $ 90 billion by 2025 ), carbon capture ( $ 60 billion ), electric vehicles and other advanced technology ( $ 20 billion ), and basic scientific research is committed ( $ 20 billion ).

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