Wednesday, 30 September 2009 15:24
Kerry-Boxer Clean Energy Jobs and American Power Act ReleasedWritten by Shira Silberg
USA Today's Traci Watson reports that the draft of the Senate bill released today calls for 20% reductions in greenhouse gas emissions by 2020. This is an increase from the 17% reduction required by the House bill. The bill would initiate a cap-and-trade system much like the House bill, and would also provide financial assistance to workers who lose their jobs because of the new legislation. The draft doesn't provide detail on who would receive emissions credits that could be worth millions, a topic in Senate negotiations. These details may determine the bill's success, but as Tony Kreindler of the Environmental Defense Fund pointed out the draft is merely a jumping off point and will change significantly in the coming months. President Barack Obama weighed in on the bill's release, saying his administration is "deeply committed to passing a bill that creates new American jobs and the clean energy incentives that foster innovation." The most important thing about the bill is that it makes steep cuts in global warming pollution and includes provisions that crack down on old, dirty coal power plants. These are important steps in the right direction. Please join us in letting your Senators know that this bill is important to you! Call your senators today-toll free-and tell them to support a bold climate and energy bill.
Published in carbonfree blog