PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Environment and Climate Change.
Congressional Research Service
Version 00 · Introduced in House · Mar 11, 2021
Tradeable Performance Standard Act
This bill establishes the Greenhouse Gas Pollution Reduction Program, which creates (1) targets to eliminate greenhouse gas emissions from cogeneration facilities (e.g., combined power plants), electric facilities, and thermal energy facilities; (2) a system to allow such facilities to achieve the targets through a voluntary emission trading program; and (3) a thermal energy reporting program.
By 2030, such facilities must reduce greenhouse gas emissions to 60% of 2019 levels. By 2040, the facilities must eliminate the emissions.
Showing the opening paragraphs of the official summary.
Facilities that emit more than the targets must purchase emission allowances from those who emit less. The bill provides for the distribution, trading, and tracking of such allowances. The bill establishes civil penalties for facilities that do not meet the targets and do not submit enough allowances.
Finally, the Environmental Protection Agency must establish a thermal energy reporting program. Under the program, thermal energy facilities must provide information about the fuel used to produce thermal energy and the greenhouse gas emissions associated with such production. Further, thermal energy facilities must submit information to demonstrate their compliance with this bill.
People & committees
Rep. Casten, Sean [D-IL-6] · D–IL
Legislative record
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Referred to the Subcommittee on Environment and Climate Change.
Referred to the House Committee on Energy and Commerce.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Jan 16, 2025. Consult Congress.gov for the current record.
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