Barbara Boxer
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Lieberman-Warner climate bill hitting the Senate floor
After months of hearings, haggling, and revision, a climate change bill will reach the floor of the Senate this week. The showdown over the Lieberman-Warner Climate Security Act (CSA) marks the first time the full chamber has focused on a dedicated piece of global warming legislation since 2005, when the McCain-Lieberman climate bill was voted […]
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Probably no U.S. CO2 emissions cuts from new Lieberman-Warner bill until after 2025
I made a mistake about the Boxer substitute for the Lieberman-Warner bill. Every year, it allows enough offsets into the market to cover 30 percent of the total quantity of emissions allowances. I had said it was 15 percent, which was a loophole the size of the Gateway Arch. How big a loophole is 30 percent offsets? Wait and see.I had said the three offsets -- domestic, international, and international forestry -- could make up 15 percent of allowances because the WRI summary [PDF] says that "The combination of all three of these mechanisms is limited to 15 percent of total emissions allowances" and because when I read the actual bill (page 23), that's what it seemed to say. But in fact we read it wrong. My apologies! What does this all mean?
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If cost-containment mechanisms in new climate bill are exploited, emissions could remain unchanged
The short, snarky answer is "No; Boxer-Lieberman-Warner is never going to become law." The longer, analytical answer, which is the primary subject of this post, is "probably not, thanks to the bill's many cost containment measures, but it would take us off the business-as-usual emissions path."
Before explaining why, let me make clear that the vote on B-L-W is purely symbolic, since it is DOA as a bill can be. Most of the media, most of the public, and most of the world are unlikely to get much detail on the bill. They will just see whether a greenhouse gas cap-and-trade bill can get a majority, if not 60 votes, in the U.S. Senate. So I would recommend any senator vote for it -- after giving a floor statement explaining that it was in fact too weak. I can't see casting a protest vote against a symbolic bill while asserting it is too weak. The protest would get lost in the noise. Finally, it would be the height of hypocrisy for a conservative senator to cite progressive critiques of the bill, including mine, as a reasons to vote against it. Anyone who votes against this bill should at least have the guts to say whether they themselves think the bill is too weak or too strong.
Why the Boxer bill wouldn't cut U.S. CO2 emissions by 2020
This story begins late Friday night, when Deep 'emissions cut' Throat sends me the World Resources Institute's 14-page summary of the Boxer substitute to the Lieberman-Warner bill [PDF], with a note, "Does this mean no emission reductions until 2028? See bottom of page 6." Intrigued, I turned to the bottom of page 6 and read this bullet:
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Full text of the substitute amendment to Lieberman-Warner now available
The full-text of the amendment [PDF] to the Lieberman-Warner Climate Security Act is now available, which answers some of the outstanding questions stemming from the outline Sen. Boxer has been circulating. A few important areas to look at in the new version: Cost containment: This is the mechanism, also called an “emergency off-ramp,” that will […]
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How the $5.7 trillion in Boxer’s proposed amendment would be spent
Barbara Boxer distributed this breakdown [PDF] yesterday detailing how the dolla billz will be spent in her proposed amendment to the Lieberman-Warner Climate Security Act. There are more than $6.7 trillion in carbon credit allowances and auction revenues that will be distributed over the life of the bill, and this shows where that goes. Feels […]
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Boxer on new L-W amendment: ‘I think I have enough votes for the motion to proceed’
Barbara Boxer. Photo: Kevin Parry/ WireImage Environment and Public Works Chair Barbara Boxer held a press conference this afternoon to officially unveil the outline of her substitute amendment to the Lieberman-Warner Climate Security Act that she began circulating on the Hill last week. Speaking to collected members of the press, the senator stressed the differences […]
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Barbara Boxer circulates an outline of her amendment to Lieberman-Warner
On Friday, Senate Environment and Public Works chair Barbara Boxer released an outline of what promises to be the version of the Lieberman-Warner Climate Security Act that actually gets debated and amended on the Senate floor in early June. David posted the full document summarizing the manager’s amendment earlier today. It’s only an outline, not […]
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Sen. Boxer’s summary of her Manager’s Amendment to Lieberman-Warner
On Friday, Senate Environment and Public Works Chair Barbara Boxer circulated a document summarizing her “substitute amendment” to the Lieberman-Warner Climate Security Act. This is likely the version of the bill that will go to the floor. We’ll post some analysis of how the bill has changed shortly, but for now, here’s Boxer’s entire summary […]
