Tradeable Energy Performance Standards Act

Bill 119 HR 2177, also known as the Clean Air Act Amendment, aims to create a tradeable energy performance standard for large electricity generators and thermal energy users in the United States. This standard would require these entities to meet certain energy efficiency requirements in order to reduce emissions and promote cleaner air.

The bill proposes a system where companies can trade energy credits based on their energy performance, allowing those who exceed the standard to sell their excess credits to those who fall short. This would create a market-based incentive for companies to improve their energy efficiency and reduce their environmental impact.

In addition to the tradeable energy performance standard, the bill also includes provisions for monitoring and enforcement to ensure compliance. It also aims to promote research and development of clean energy technologies to help companies meet the new standards. Overall, the Clean Air Act Amendment seeks to address climate change and air pollution by incentivizing large electricity generators and thermal energy users to reduce their energy consumption and transition to cleaner sources of energy.