Senate to Control Greenhouse Gas
Senate Democrats will unveil legislation to cut greenhouse gas emissions next Wednesday, kicking off what is likely to be a battle in Congress as lawmakers tussle over the economic impact of controlling global warming. The bill has not been released formally but will be coauthored by Massachusetts Senator John Kerry and California Senator Barbara Boxer, a Congressional source said on Thursday.
"The overall architecture of the Senate bill is going to be very similar to the House version of the bill," a separate source at an environmental group said via telephone from the G20 summit in Pittsburgh. Another source said the Senators are contemplating requiring a 20 percent cut in greenhouse gases by 2020.
Any climate legislation in the Senate likely faces an uphill battle, as lawmakers from heavy industrial states in both parties have raised concerns about burdening companies with additional energy costs. Republicans, a dying breed in indusrtrial states in particular, have characterized so-called cap and trade legislation as a massive energy tax that will kill jobs and dampen economic recovery.
Senate Majority Leader Harry Reid has said he hopes to bring this legislation to the floor for a vote by the end of this year. He has also said he plans to combine the bill, with a comprehensive energy package that was approved by the Senate Energy and Natural Resources Committee earlier this year.
Posted by: Bobby 2009-09-28 |