Number: RL33846
Title: Greenhouse Gas Reduction: Cap-and-Trade Bills in the 110th Congress
Authors: Larry Parker, Brent D. Yacobucci, and Jonathan L. Ramseur, Resources, Science, and Industry Division 
Abstract: Multiple proposals to advance programs that reduce greenhouse gases have been introduced in the 110th Congress. S. 2191 was reported May 20, 2008, from the Senate Committee on Environment and Public Works. An amended version of S.2191, S. 3036, was considered by the Senate in June 2008, but a vote to invoke cloture failed. In general, these proposals would create market-based greenhouse gas reduction programs along the lines of the trading provisions of the current acid rain reduction program established by the 1990 Clean Air Act Amendments. This report presents a side-by-side comparison of the major provisions of those bills and includes a glossary of common terms (Appendix C).
Pages: 26
Date: Updated June 27, 2008