Carbon emissions trading core of US clean energy bill
3 Apr 2009
Congressional Democrats this week released clean energy legislation that establishes a market-based cap-and-trade programme for reducing global warming pollution from electric utilities, oil companies, and factories that together are responsible for 85 per cent of US greenhouse gas emissions.
- Henry Waxman, who chairs the House Energy and Commerce Committee and Edward Markey who chairs the Energy and Environment Subcommittee introduced a discussion draft of the American Clean Energy and Security Act of 2009, or ACES, which they say charts a new course toward a clean energy economy.
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