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Key Senators to Unveil Clean Energy Bill
This morning in DC, Sen. Barbara Boxer (D-CA) and Sen. John Kerry (D-MA) will detail their framework for comprehensive clean energy & climate legislation:
The bill, which is still being revised, would make it easier for businesses to compensate for their carbon pollution by expanding the available pool of domestic offsets by 40 percent compared with the House-passed climate bill authored by Reps. Henry A. Waxman (D-Calif.) and Edward J. Markey (D-Mass.). It does not specify how pollution allowances will be allocated, which is sure to be a key battle as the bill moves forward. […]
The Senate bill also will emphasize transportation efficiency, with provisions targeted at getting communities of 200,000 or more to plan for more public transport and bike paths. It also will preserve the Environmental Protection Agency’s authority to regulate large sources of greenhouse gases, such as coal-fired power plants.
The bill is due to be released at an event on Capitol Hill at 11:30am. More details later today!