Senate Begins Work on Climate Bill

Tuesday, July 07, 2009

U.S. Senate begins push for climate change bill

By Richard Cowan

WASHINGTON, July 7 (Reuters) - Democrats in the U.S. Senate on Tuesday began a drive to advance climate change legislation, a top Obama administration priority, amid warnings that a bill recently passed by the House of Representatives to reduce carbon emissions would have to be changed.

Among changes that could be sought to win broader Senate support for the bill are less ambitious carbon emission reduction goals, the inclusion of nuclear power as an alternative energy source, and tougher regulation of the pollution permits that companies could trade to each other.

President Barack Obama sent four Cabinet secretaries to Capitol Hill to testify at the Senate Environment and Public Works Committee as it tries to build support for legislation to reduce greenhouse gas emissions blamed for global warming.

While Congress grapples with ways to control U.S. carbon emissions, Obama also wants the United States to play a significant role in global efforts. Currently, the United States and China are the world's leading carbon polluters...


J. Saladin Harimau said...

I believe that the future lies with green energy. That's where all the money is going to.

Brandon Rowley said...

I can see no other major growth industry for the next 10 years in the US. Healthcare and technology are obvious favorites but they are later in the maturity cycle.

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