Global Warming Pollution Reduction Act of 2007 - Proposed Solution of S. 309

Proposed Solution of S. 309

The bill proposes a list of requirements to reduce CO2 emission through the following programs:

Vehicle Emissions Standards:

Changes made by bill sets the emission standard on vehicles that cannot exceed CO2 more than it required (205 g/m and 332 g/m for automobiles and 405 g/m for 3 vehicles over 8,501 pounds). This method was proven to be effective enough to reduce CO2 emission even though the cost for automobile industry can be high.

Emissions Standards for Electric Generation Units:

Approximately 52% of energy in United States comes from coal, a fossil fuel formed from carbon and defined as the main source of CO2 emissions. Also, the bill may require the development of new technology.

Low Carbon Generation Requirement:

An electricity generator required to produce a specific amount of low carbon energy. These requirements can be achieved by several techniques: 1) Generating or purchasing low-carbon electric energy. 2) Purchasing credits pursuant to the Low-Carbon Generation Credit Trading Program.

Renewable Portfolio Standard:

A key benefit in this approach is development of renewable energy technology and a market force for clean energy generation. However, monitoring the standard may prove difficult, and states that rely more heavily on traditional fossil fuel production might distort the market.

Research and Development:

There are three objectives of this program: 1) Develop an advance system to monitor global warming pollution. 2) Create a baseline reference line for future global warming pollution. 3) Start an international exchange of information to expand measurements. Research is very important program of this bill, which will increase the state of knowledge technology of clean energy productions.