Advancing Biotechnology and Biomanufacturing Innovation for a Sustainable, Safe, and Secure American Bioeconomy
By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows:
Climate impacts in the United States disproportionately fall on low-income communities and communities of color. As the costs of climate adaptation mount, municipalities and states have brought litigation against fossil fuel companies to recover for extensive damage caused by climate change. Drawing on lessons from previous tobacco and asbestos suits, this Article argues that damages litigation—while properly heard in state courts—has significant shortcomings as an equitable climate change adaptation strategy. It proposes a federal statutory response: first, establish a Climate Adaptation Priorities (CAP) list modelled after CERCLA’s National Priorities List; second, disburse funds for climate change resilience directly to community groups and local and tribal governments; and third, fund the climate resilience fund with fees on present and historical emissions by fossil fuel companies, as well as a capital gains tax on fossil fuel asset transactions.
would prohibit the Securities and Exchange Commission from finalizing the proposed rule titled "The Enhancement and Standardization of Climate-Related Disclosures for Investors."
would request the president to provide certain documents to the House of Representatives relating to plans to declare a "climate emergency" in order to invoke emergency authorities to impose regulations on industrial activity, or the supply and delivery of energy or electric power, in the United States.
would provide that under the securities laws certain disclosures related to Scope 3 greenhouse gas emissions may not be required.
would amend the CZMA to require the Secretary of Commerce to establish a coastal climate change adaptation preparedness and response program.
would establish and maintain a coordinated program within NOAA that improves wildfire, fire weather, fire risk, and smoke related forecasting, detection, modeling, observations, and service delivery, and to address growing needs in the wildland-urban interface.
would amend Title 51, U.S. Code, to direct the Administrator of NASA to establish an initiative to conduct research, development, and demonstration on technologies capable of reducing greenhouse gas emissions and noise emissions from aircraft.
would direct the Administrator of FEMA to issue guidance on extreme temperature events and resilience goals.
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