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Full Text of this Amendment
Beginning on page 196, strike line 15 and all that follows through page 198, line 16.
At the end of section 614(d)(1), add the following:
(W) To promote the development of renewable-energy sources, as defined in section 832(a).
At the end of section 614, add the following:
(e) Additional Allocation.--
(1) IN GENERAL.--In addition to the allocation made under subsection (a), not later than 330 days before the beginning of each of calendar years 2012 through 2030, the Administrator shall allocate a percentage of the quantity of emission allowances established pursuant to section 201(a) that are made available for that calendar year for distribution to reduce greenhouse gas emissions and promote renewable electricity generation in accordance with this subsection.
(2) QUANTITIES OF EMISSION ALLOWANCES ALLOCATED.--The quantities of emission allowances allocated pursuant to paragraph (1) shall be the quantities represented by the percentages in the following table:
|Calendar year||Percentage for additional allocation|
(3) USE.--During any calendar year, of the total quantity of allowances allocated to a State under this section, a State shall use at least 25 percent to promote renewable electricity generation under subsection (d)(1)(W).
In section 832(b), strike ``start-up, expansion, and operation of the facilities'' and insert ``start-up or expansion of the facilities''.
(As printed in the Congressional Record for the Senate on Jun 4, 2008.)