§17352 Establishment and Management of Foundation

Summary

Creates a government corporation in the executive branch called the International Clean Energy Foundation. It must work to help U.S. foreign policy and energy security by reducing global greenhouse gas emissions. A Board of Directors will run the Foundation and make its rules. The Board includes the Secretary of State (or a designee), the Secretary of Energy (or a designee), and the USAID Administrator (or a designee), plus four people the President appoints with Senate confirmation. Each of those four must come from lists given by the Majority and Minority Leaders of the House and the Senate (one from each list). The Secretary of State (or designee) is the Chair. The Foundation has a Chief Executive Officer who is chosen by the Board with Senate approval, must be a recognized leader in clean energy and climate, reports to the Board, and serves as a nonvoting, ex officio Board member. The CEO is paid at level III of the Executive Schedule under section 5314 of title 5 and, with Board approval, hires Foundation officers. Federal officer Board members serve while they hold their federal jobs. The four appointed members serve 3-year terms and may be reappointed for another 3 years. Vacancies are filled the same way as the original appointment, and the Chair may name an acting member for up to 1 year. A majority of Board members is a quorum, normally including at least one appointed member except during the 135-day period beginning on December 19, 2007. The Board must meet at least once a year. Federal officer members get no extra pay but do get travel expenses under subchapter I of chapter 57 of title 5. The other members get daily pay at the highest rate under section 5332 of title 5 and travel pay, but not for more than 90 days in any calendar year.