Emission Reductions Incentive Act of 2001

Summary

Emission Reductions Incentive Act of 2001 - Directs the Secretary of Commerce to establish a national voluntary registry system for industry greenhouse gas trading under which emission reductions are assigned unique identifiers. Establishes in the Department of Commerce an implementing panel which shall: (1) promulgate standards for certification and operation of registries (operators of greenhouse gas emissions recording databases) and for measuring, verifying, and recording greenhouse gas emissions and reductions proposed by certified registries; and (2) maintain and publicize a list of certified registries. Amends the Global Change Research Act of 1990 to establish a Global Change Research Program Support Office in the Office of Science and Technology Policy. Adds treaty coordination and experimental research program functions to the responsibilities of the Committee on Earth and Environmental Sciences. Directs the Chairman of the Federal Coordinating Council on Science, Engineering, and Technology to develop a strategic plan for the Program and submit a report and a revised implementation plan to Congress. Requires the National Science Foundation to establish a scholarship program for the study of global climate change. Directs the Department of Commerce's Assistant Secretary of Technology Policy to: (1) develop a plan to accelerate introduction of highly efficient, low-emission vehicles; (2) refine the charter and goals of the Partnership for a New Generation of Vehicles and develop a detailed systems-modeling effort to assess the effect of using different technologies to meet emission requirements upon fuel economy; and (3) study the transfer of energy efficient technologies. Amends the Stevenson-Wydler Technology Innovation Act of 1980, with respect to royalties received by Federal agencies, to increase amounts payable to: (1) inventors of climate change-related technologies; and (2) Federal laboratory employees for such inventions. Directs the Secretary of Commerce to report to Congress on the effects the Kyoto Protocol to the United Nations Framework Convention on Climate Change will have on U.S. international competitiveness, scientific cooperation, and participation in international climate change mitigation efforts.

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3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 6 December 2001

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 6 December 2001

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• Introduced in Senate

  summary · EN · 6 December 2001

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