Cap-and-Trade Will Be Part of Senate Climate Change Bill
Capitol Hill Bureau Chief
Senate Majority Leader Harry Reid confirmed Tuesday that the Senate will soon debate a bill to reduce pollution and that the legislation will include a scaled back version House-passed language to reduce carbon output by charging some polluters for emissions above a certain threshold.
Reid said that the bill is still in “rough draft form,” but he gave an outline of what he plans to introduce in the Senate two weeks from now. Specifically, he said the bill will address four issues key to reforming the energy sector in the United States: responding to the oil spill in the Gulf of Mexico; promoting clean energy and job creation; limiting consumer prices for energy; and reducing energy consumption.
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