International Carbon Conservation Act

Summary

International Carbon Conservation Act - Establishes within the Department of Commerce's National Institute of Standards and Technology an implementing panel, to be headed by the Chief of the Forest Service, which shall: (1) establish a carbon sequestration program; and (2) accept qualifying projects located outside of the United States. Permits an owner or operator of property located outside the United States that is used in a qualifying project to be eligible for: (1) credit extension from the Export-Import Bank of the United States of up to 75 percent of the cost of carrying out the carbon sequestration practices specified in the contract; and (2) investment insurance issued by the Overseas Private Investment Corporation.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 24 April 2001

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 24 April 2001

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• Introduced in Senate

  summary · EN · 24 April 2001

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