A-18
Multi-Pollutant Strategy Legislation Comparison Chart
Clean Smokestacks Act of
2003-H.R. 2042
(Congressman Waxman, D-CA)
Clean Power Act of 2003
-S.366
(Senator James Jeffords I-VT)
Clean Air Planning Act of
2003
-S. 843
(Senator Tom Carper, D-DE)
Clear Skies Act of 2003
S. 485/H.R. 999
(Senators James Inhofe, R-OK
& George Voinovich,
R-OH, Reps. Joe Barton, R-TX
& Billy Tauzin, R-LA)
Allocation of
Allowances
Allowances to be allocated
annually starting in 2009 among
5 categories:
consumers/households;
transition assistance; renewable
energy-efficiency and cleaner
energy; carbon sequestration;
and existing units
Total annual allocation will be
reduced by an amount equal to
emission from electric
generators with <15 MW
capacity
Allows use of market-oriented
mechanisms, such as emission
trading based on generation
performance standards, auctions
or other allocation methods
EPA to establish allowance
tracking and transfer program
within 1 yr of enactment
EPA to issue regs to implement
SO2 cap through CAA Title IV;
includes provisions for
allocating SO2 allowances to
new units
Allowances for NOx, Hg and
CO2 to be allocated, based on
output of affect units, by
12/31/05 for 2009 and,
thereafter, updated annually, 4
yrs in advance. Provisions
included for allocating NOx, Hg
and CO2 allowances to new
units.
EPA to issue regs establishing
NOx, Hg and CO2 allowance
trading programs by 1/1/05,
including requirements for
generation, allocation,
recording, tracking, transfer and
use of allowances, monitoring
and reporting of emissions,
excess emissions penalties and
enforcement and compliance
Allowances created and placed
Allowances to be allocated to
existing units, with an
increasing portion reserved for
auction (in 1st yr, 99% for
existing units and 1% for
auction; an additional 1% for
auction in each of next 20 yrs;
thereafter, an additional 2.5%
for auction each year until all
allowances are auctioned)
SO2 allowances allocated to
existing units based on their
proportion of total post-2009
Acid Rain SO2 allowances
currently in their accounts (if
they received allowances under
Acid Rain program) or based on
product of baseline heat input
and a standard emission rate
reflective of fuel type; pre-2010
allowances under Acid Rain
program may be used to meeting
new holding requirements
Separate NOx cap-and-trade
programs for Zone 1 and Zone 2
NOx allowances allocated to
existing units based on
