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File #: 2007-1331    Version: 1
Type: Proclamation Status: Adopted
File created: 3/27/2007 In control: City Council
On agenda: Final action: 3/27/2007
Enactment date: 3/27/2007 Enactment #: 145
Effective date:    
Title: WHEREAS, Representative Henry Waxman, U.S. Representative of the 30th District of California, introduced the Safe Climate Act of 2007 (HR 1590); and WHEREAS, the United States Senate is currently considering the corresponding Senate Bill, S.B. 309; and WHEREAS, the Intergovernmental Panel on Climate Change (IPCC) declared in February 2007 that "Most of the observed increase in globally averaged temperatures since the mid-20th century is very likely due to the observed increase in anthropogenic greenhouse gas emissions"; and WHEREAS, of climate change proposals introduced into the current 110th Congress, only Rep. Waxman's Safe Climate Act is projected by the non-partisan World Resources Institute to stabilize carbon dioxide emissions in the safe range of 450-550 parts per million; and WHEREAS, the Safe Climate Act will be implemented by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE); and WHEREAS, under this bill, the level of emis...
Sponsors: Douglas Shields
Indexes: PROCLAMATION - MR. SHIELDS
Attachments: 1. 2007-1331.doc

Title
WHEREAS, Representative Henry Waxman, U.S. Representative of the 30th District of California, introduced the Safe Climate Act of 2007 (HR 1590); and

WHEREAS, the United States Senate is currently considering the corresponding Senate Bill, S.B. 309; and

WHEREAS, the Intergovernmental Panel on Climate Change (IPCC) declared in February 2007 that "Most of the observed increase in globally averaged temperatures since the mid-20th century is very likely due to the observed increase in anthropogenic greenhouse gas emissions"; and

WHEREAS, of climate change proposals introduced into the current 110th Congress, only Rep. Waxman's Safe Climate Act is projected by the non-partisan World Resources Institute to stabilize carbon dioxide emissions in the safe range of 450-550 parts per million; and

WHEREAS, the Safe Climate Act will be implemented by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE); and

WHEREAS, under this bill, the level of emissions is frozen in 2010 and then gradually reduced each year through 2050; and

WHEREAS, the bill achieves these targets through a flexible economy-wide cap-and-trade program for greenhouse gas emissions, along with measures to advance technology and reduce emissions through renewable energy, energy efficiency and cleaner cars; and

WHEREAS, the bill directs the EPA to set a cap on greenhouse gas emissions from the largest polluters and allow the polluters to meet the cap by buying and selling emissions allowances; and

WHEREAS, proceeds from the auctioning allowances are deposited in the "Climate Reinvestment Fund"; and

WHEREAS, revenues in the fund are dedicated to maximizing public benefit and promoting economic growth, including supporting technology research and development, compensating consumers for any energy cost increases, providing transition assistance for affected workers and regions and protecting against harm from climate change.

NOW, THEREFORE, BE...

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