A bill to authorize the President to enter into agreements to provide regulatory credit for voluntary early action to mitigate potential environmental impacts from greenhouse gas emissions.

Credit for Voluntary Reductions Act - Authorizes the President to enter into legally binding early action agreements with any person under which the United States agrees to provide greenhouse gas reduction credit usable beginning in the compliance period (during which a domestic greenhouse gas regulatory statute is in effect) if such person reduces greenhouse gas emissions or sequesters carbon...