House Rules Committee Lists Amendments to Clean Energy Bill (House Scheduled to Consider on Friday)
The House Rules Committee has posted the amendments that have been offered for the "American Clean Energy and Security Act of 2009" (ACES), H.R. 2454, which the House is scheduled to considered on June 26, 2009.
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Some of the amendments offered that are relevant to international trade would:
impose a tariff to apply the domestic price of emissions allowances to imported products;
begin the International Reserve Allowance Program (import tax) at an earlier date.
(The bill currently states that this program would be implemented no earlier than January 1, 2025);
rebate allowance costs in case of exports;
ban all international offsets; and
restrict international participation in the U.S. offset market to those foreign countries certified as (1) not on the annual list of the Labor Department's Bureau of International Labor Affairs' Office of Child Labor, Forced Labor, and Human Trafficking under section 105(b)(2)(C) of the Trafficking Victims Protection Reauthorization Act of 2005; and (2) having a system of mandatory carbon reduction goals, comparable to the mandatory reduction goals in the legislation.
(See ITT's Online Archives or 06/25/09 news, 09062505, for most recent BP summary on ACES.)
List of amendments (posted 06/25/09, with links to their text) available at http://www.rules.house.gov/amendment_details.aspx?NewsID=4341