June 4, 2008, 12:00 am ET - Amendment SA 4826 proposed by Senator Reid for Senator Biden to Amendment SA 4825.
June 6, 2008, 12:00 am ET - Considered by Senate.

Full Text of this Amendment

SA 4826. Mr. REID (for Mr. BIDEN) proposed an amendment to amendment SA 4825 proposed by Mrs. BOXER (for herself, Mr. WARNER, and Mr. LIEBERMAN) to the bill S. 3036, to direct the Administrator of the Environmental Protection Agency to establish a program to decrease emissions of greenhouse gases, and for other purposes; as follows:

At the end of title XIII, insert the following:
(a) Findings.--The Senate makes the following findings:
(1) There is a scientific consensus, as established by the Intergovernmental Panel on Climate Change and confirmed by the National Academy of Sciences, that the continued buildup of anthropogenic greenhouse gases in the atmosphere threatens the stability of the global climate.
(2) The 2007 Fourth Assessment Report of the Intergovernmental Panel on Climate Change concluded that most of the global warming observed since the mid-20th century is very likely due to anthropogenic greenhouse gas emissions and that anthropogenic warming is strongly linked to many observed physical and biological impacts.
(3) There are significant long-term risks to the economy and the environment of the United States from the temperature increases and climatic disruptions that are projected to result from increased greenhouse gas concentrations.
(4) The potential impacts of global climate change, including long-term drought, famine, mass migration, and abrupt climatic shifts, may lead to international tensions and instability in regions affected and, therefore, have implications for the national security interests of the United States.
(5) The United States has the largest economy in the world and is also the largest historical emitter of greenhouse gases.
(6) The greenhouse gas emissions of the United States are projected to continue to rise.
(7) The greenhouse gas emissions of some developing countries are rising more rapidly than the emissions of the United States and will soon surpass the greenhouse gas emissions of the United States and other developed countries.
(8) Reducing greenhouse gas emissions to the levels necessary to avoid serious climatic disruption requires the introduction of new energy technologies and other climate-friendly technologies, the use of which results in low or no emissions of greenhouse gases or in the capture and storage of greenhouse gases.
(9) The 2006 Stern Review on the Economics of Climate Change commissioned by the United Kingdom and the 2008 World Economic Outlook from the International Monetary Fund each concluded that the economic costs of addressing climate change are limited.
(10) The development and sale of climate-friendly technologies in the United States and internationally present economic opportunities for workers and businesses in the United States.
(11) Climate-friendly technologies can improve air quality by reducing harmful pollutants from stationary and mobile sources and can enhance energy security by reducing reliance on imported oil, diversifying energy sources, and reducing the vulnerability of energy delivery infrastructure.
(12) Other industrialized countries are undertaking measures to reduce greenhouse gas emissions, which provides the industries in those countries with a competitive advantage in the growing global market for climate-friendly technologies.
(13) Efforts to limit emissions growth in developing countries in a manner that is consistent with the development needs of those countries could establish significant markets for climate-friendly technologies and contribute to international efforts to address climate change.
(14) The national security of the United States will increasingly depend on the deployment of diplomatic, military, scientific, and economic resources for solving the problem of the overreliance of the United States and the world on high-carbon energy.
(15) The United States is a party to the United Nations Framework Convention on Climate Change, done at New York May 9, 1992, and entered into force March 21, 1994 (in this preamble referred to as the ``Convention'').
(16) The Convention sets a long-term objective of stabilizing greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system.
(17) The Convention establishes that parties bear ``common but differentiated responsibilities'' for efforts to achieve the objective of stabilizing greenhouse gas concentrations.
(18) At the December 2007 United Nations Climate Change Conference in Bali, the United States and other parties to the Convention adopted the Bali Action Plan with the aim of reaching a new global agreement in 2009.
(19) The Bali Action Plan calls for a shared vision on long-term cooperative action, increased mitigation efforts from developed and developing countries that are measurable, reportable, and verifiable, and support for developing countries in addressing technology transfers, adaptation, financing, deforestation, and capacity-building.
(20) The Major Economies Process on Energy Security and Climate Change, initiated by President George W. Bush, seeks a consensus among the countries with the world's major economies on how those countries can contribute to a new agreement under the Convention.
(21) In April 2008, President Bush called for a ``binding international agreement'' with participation by all countries with major economies in ``goals and policies that reflect their unique energy resources and economic circumstances''.
(22) An effective global effort to address climate change must provide for commitments and actions by all countries that are major emitters of greenhouse gases, developed and developing alike, and the widely varying circumstances among developed and developing countries may require that such commitments and actions vary.
(23) The latest scientific evidence suggests that anthropogenic climate change is increasing and the United States has supported the goal of achieving a new international agreement during 2009, both lending urgency to the need for renewed United States leadership in the effort to counter global climate change.
(b) Sense of the Senate.--It is the sense of the Senate that--
(1) the United States should act to reduce the health, environmental, economic, and national security risks posed by global climate change and to foster sustained economic growth through a new generation of technologies by participating in negotiations under the United Nations Framework Convention on Climate Change, done at New York May 9, 1992, and entered into force March 21, 1994, and leading efforts in other international fora, with the objective of securing United States participation in
binding agreements, consistent with the Bali Action Plan, that--
(A) advance and protect the economic and national security interests of the United States;
(B) establish mitigation commitments by all countries that are major emitters of greenhouse gases, consistent with the principle of common but differentiated responsibilities;
(C) establish flexible international mechanisms to minimize the cost of efforts by participating countries; and
(D) achieve a significant long-term reduction in global greenhouse gas emissions; and
(2) the President should support the establishment of a bipartisan Senate observer group, the members of which should be designated by the chairman and ranking member of the Committee on Foreign Relations of the Senate, to--
(A) monitor any international negotiations on climate change; and
(B) ensure that the responsibility of the Senate under article II, section 2 of the Constitution of the United States to provide advice and consent to the President with respect to treaties be carried out in a manner to facilitate timely consideration of any applicable treaty submitted to the Senate.

(As printed in the Congressional Record for the Senate on Jun 4, 2008.)