The following is a list of what is newsworthy:
March 4, 1999 - The Credit for Early Voluntary Reductions Act of 1999 (Senate Bill 547) was introduced on March 4, 1999. The bipartisan legislation, commonly referred to as the Chafee Bill, is designed to deal with the uncertainty surrounding how and when credit will be given for voluntary actions. The legislation authorizes the president to enter greenhouse gas reduction agreements with entities operating in the United States. The agreements will provide credits for voluntary greenhouse gas reductions and sequestration that will be usable in any future domestic program that requires mitigation of greenhouse gas emissions. This Act is a re-introduction of last fall's original Chafee Bill, S. 2617, with two important omissions: a proposal to amend the Clean Air Act to incorporate this legislation and a proposal to put the Environmental Protection Agency in charge of the program. A more complete summary of this Act by AGI is found at http://www.agiweb.org/legis.html - climate. For more details on the bill can be found at http://thomas.loc.gov/cgi-bin/query/C?c106:./temp/~c106jw5Ke4.