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   &lt;pre&gt;[Congressional Record Volume 167, Number 46 (Thursday, March 11, 2021)][House][Pages H1356-H1357]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. CASTEN:H.R. 1805.[[Page H1357]]Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 3&lt;/pre&gt;
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     &lt;p&gt;&lt;b&gt;Tradeable Performance Standard Act&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill establishes the Greenhouse Gas Pollution Reduction Program, which creates (1) targets to eliminate greenhouse gas emissions from cogeneration facilities (e.g., combined power plants), electric facilities, and thermal energy facilities; (2) a system to allow such facilities to achieve the targets through a voluntary emission trading program; and (3) a thermal energy reporting program.&lt;/p&gt; &lt;p&gt;By 2030, such facilities must reduce greenhouse gas emissions to 60% of 2019 levels. By 2040, the facilities must eliminate the emissions.&lt;/p&gt; &lt;p&gt;Facilities that emit more than the targets must purchase emission allowances from those who emit less. The bill provides for the distribution, trading, and tracking of such allowances. The bill establishes civil penalties for facilities that do not meet the targets and do not submit enough allowances.&lt;/p&gt; &lt;p&gt;Finally, the Environmental Protection Agency must establish a thermal energy reporting program. Under the program, thermal energy facilities must provide information about the fuel used to produce thermal energy and the greenhouse gas emissions associated with such production. Further, thermal energy facilities must submit information to demonstrate their compliance with this bill.&lt;/p&gt;
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   Tradeable Performance Standard Act
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   This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
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2021-03-12
Environment, Manufacturing, and Critical Materials Subcommittee
hsif18
1
House committee actions
Referred to the Subcommittee on Environment and Climate Change.
Committee
H11100
2021-03-11
Energy and Commerce Committee
hsif00
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Referred to the House Committee on Energy and Commerce.
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2021-03-11
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Introduced in House
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2021-03-11
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Introduced in House
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2021-03-11T14:01:15Z
Referred to
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Energy and Commerce Committee
2021-03-12T15:17:47Z
Referred to
Environment, Manufacturing, and Critical Materials Subcommittee
hsif18
hsif00
Standing
M001203
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Tom
Rep. Malinowski, Tom [D-NJ-7]
Malinowski
D
2021-03-11
NJ
A000148
4
Jake
Rep. Auchincloss, Jake [D-MA-4]
Auchincloss
D
2022-09-13
MA
Congressional Research Service, Library of Congress
This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
2021-03-11
2021-03-12
Referred to the Subcommittee on Environment and Climate Change.
House
Environmental Protection
C001117
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Sean
Rep. Casten, Sean [D-IL-6]
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Casten
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2021-03-11
Introduced in House
 <p><b>Tradeable Performance Standard Act</b></p> <p>This bill establishes the Greenhouse Gas Pollution Reduction Program, which creates (1) targets to eliminate greenhouse gas emissions from cogeneration facilities (e.g., combined power plants), electric facilities, and thermal energy facilities; (2) a system to allow such facilities to achieve the targets through a voluntary emission trading program; and (3) a thermal energy reporting program.</p> <p>By 2030, such facilities must reduce greenhouse gas emissions to 60% of 2019 levels. By 2040, the facilities must eliminate the emissions.</p> <p>Facilities that emit more than the targets must purchase emission allowances from those who emit less. The bill provides for the distribution, trading, and tracking of such allowances. The bill establishes civil penalties for facilities that do not meet the targets and do not submit enough allowances.</p> <p>Finally, the Environmental Protection Agency must establish a thermal energy reporting program. Under the program, thermal energy facilities must provide information about the fuel used to produce thermal energy and the greenhouse gas emissions associated with such production. Further, thermal energy facilities must submit information to demonstrate their compliance with this bill.</p>
2021-08-26T17:25:16Z
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2021-03-11T05:00:00Z
Introduced in House
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Tradeable Performance Standard Act
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2021-03-12
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2021-03-11
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Referred to the House Committee on Energy and Commerce.
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2021-03-11
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2021-03-11
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Rep. Auchincloss, Jake [D-MA-4]
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2022-09-13
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2021-03-11
Introduced in House
 <p><b>Tradeable Performance Standard Act</b></p> <p>This bill establishes the Greenhouse Gas Pollution Reduction Program, which creates (1) targets to eliminate greenhouse gas emissions from cogeneration facilities (e.g., combined power plants), electric facilities, and thermal energy facilities; (2) a system to allow such facilities to achieve the targets through a voluntary emission trading program; and (3) a thermal energy reporting program.</p> <p>By 2030, such facilities must reduce greenhouse gas emissions to 60% of 2019 levels. By 2040, the facilities must eliminate the emissions.</p> <p>Facilities that emit more than the targets must purchase emission allowances from those who emit less. The bill provides for the distribution, trading, and tracking of such allowances. The bill establishes civil penalties for facilities that do not meet the targets and do not submit enough allowances.</p> <p>Finally, the Environmental Protection Agency must establish a thermal energy reporting program. Under the program, thermal energy facilities must provide information about the fuel used to produce thermal energy and the greenhouse gas emissions associated with such production. Further, thermal energy facilities must submit information to demonstrate their compliance with this bill.</p>
2021-08-26T17:25:16Z
00
Tradeable Performance Standard Act
Tradeable Performance Standard Act
Display Title
IH
Introduced in House
To amend the Clean Air Act to establish a tradeable performance standard covering emissions from the electricity generation and industrial sectors, and for other purposes.
Official Title as Introduced
IH
Introduced in House
Tradeable Performance Standard Act
Short Title(s) as Introduced
2021-03-12
Referred to the Subcommittee on Environment and Climate Change.