I rise today to speak on legislation I am introducing to address climate change. Today, I am introducing legislation to address a major technological challenge that faces all of us. It is the challenge of how to solve the problem of the warming of our planet. This bill is called the Greenhouse Gas Emission Atmospheric Removal Act, or the GEAR Act. Members of this body have discussed various proposals to regulate the output of greenhouse gases. Some advocate doing it through a cap and trade approach. Others have advocated a tax on carbon. Such proposals are aimed at limiting future carbon output into the atmosphere. Many proposals have been introduced and debated using this approach of dealing with our carbon output. Overlooked in the debate are the greenhouse gases that are currently in the atmosphere. The best science tells us that the greenhouse gases already in the atmosphere are the gases that are causing the warming of our planet. To what extent, we are not certain. So let us resolve to find a way to remove the excess greenhouse gases that are already in the atmosphere. Remove them, and permanently sequester them. To accomplish this goal, we are, as a Nation, going to need to make a significant investment to develop the technology. The approach my legislation takes to address this is through a series of financial prizes where we set the technological goals and also define the outcomes we demand.
Editor's note · Context
Introducing the Greenhouse Gas Emission Atmospheric Removal Act to address climate change.
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