Senate's climate bill a bit more ambitious
Early version would cap carbon allowance prices -- and deficit
Climate legislation took a small step forward late Friday night as Senate Environment and Public Works Committee Chairman Barbara Boxer (D-Calif.) issued a version that includes big benefits for farmers, provisions for deficit reduction and a ceiling on carbon prices.
The proposal, sponsored by Sen. John F. Kerry (D-Mass.) and Boxer, calls for reducing U.S. greenhouse gas emissions by 2020 to a level 20 percent below 2005 emissions, a more ambitious target than the 17 percent set in a climate measure approved by the House in June. Read more.
No comments:
Post a Comment