Title III - Reducing Global Warming Pollution
Safe Climate Act -
Subtitle A - Reducing Global Warming Pollution
Section 311 -
Amends the CAA to require the EPA Administrator to promulgate regulations to cap and reduce GHG emissions, annually, so that GHG emissions from capped sources are reduced to 97% of 2005 levels by 2012, 83% by 2020, 58% by 2030, and 17% by 2050. Requires the EPA Administrator to set aside a specified percentage of emission allowances to be used to achieve a reduction of GHG emissions from deforestation in developing countries that have entered into and implemented agreements or arrangements relating to reduced deforestation. Requires the EPA Administrator to report to Congress by July 1, 2013, and every four years thereafter, on an analysis of: (1) key findings based on the latest scientific information relevant to global climate change; (2) capabilities to monitor and verify GHG reductions on a worldwide basis; and (3) the status of worldwide efforts for reducing GHG emission, preventing dangerous atmospheric concentrations of GHGs, preventing significant irreversible consequences of climate change, and reducing vulnerability to the impacts of climate change. Requires the EPA Administrator to offer to enter into a contract with the National Academy of Sciences (NAS) to report to Congress and the EPA Administrator by July 1, 2014, and every four years thereafter on: (1) the latest climate change science; and (2) an analysis of technologies to achieve reductions in GHG emissions. Requires the President to direct relevant federal agencies to use existing statutory authority to take appropriate actions and address shortfalls identified in the NAS reports by July 1, 2015, and every four years thereafter. Requires the President, if the NAS report finds that emission reduction targets are not on schedule or that global actions will not maintain safe global average surface temperature and atmospheric GHG concentration thresholds, to submit...