Climate Change Tax Amendments of 2001

Climate Change Tax Amendments of 2001 - Amends the Internal Revenue Code of 1986 to: (1) set forth a permanent tax credit for research and development regarding greenhouse gas emissions reduction, avoidance, or sequestration; and (2) allow a tax credit for qualified investments in greenhouse gas emissions facilities.

Expresses the sense of Congress that tax incentives should be available for individuals, organizations, and entities, including (for-profit and non-profit institutions) in order to achieve the broadest response for reduction, avoidance, or sequestration of greenhouse gas emissions, and to ensure that the incentives established by this Act do not advantage one segment of an industry to the disadvantage of another.