Senate Bill Reveal Next Week?
According to Senator Barbara Boxer (a Democrat from California) said that the Senate’s energy and climate bill may come out next week. It looks like Senators Kerry and Lieberman are planning to release the bill even if their former Republican partner does not choose to return to the table. This bill had a planned release on April 26, but its unveiling was postponed when tension increased over immigration reform.
According to EE News “The Kerry-Lieberman climate bill is expected to call by 2020 for a 17 percent cut in emissions below 2005 levels, with the emission limits applying to different sectors of the economy at different times. Trade-sensitive manufacturers, for example, would start in the climate program six years after power plants, Kerry said today. The legislation is also expected to promote increased domestic production of nuclear power and offshore oil and gas, despite the outcry from environmentalists in the wake of the Gulf Coast oil spill.”