The Details of the Energy & Climate Legislation in D.C.

The Huffington Post
Posted: March 18, 2010 03:38 PM

"The cap-and-trade bills in the House and Senate are dead." Senator Lindsey Graham (R-South Carolina) reflected the reality that Congress now faces as it negotiates a comprehensive climate and energy package that might get voted on before this November's congressional elections. One alternative to cap-and-trade has been a cap-and-dividend bill sponsored by Senators Maria Cantwell (D-Washington) and Susan Collins (R-Maine). The leading solution, though, appears to be coming from a bipartisan group of senators led by John Kerry (D-Massachusetts), Joe Lieberman (I-Connecticut), and Graham that would put a price on carbon emissions that targets only the electric utility, transportation, and industrial sectors of the economy.

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