Word: bille
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Dates: during 2000-2009
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...Recognizing that their bill was just an opening gambit, the two House Democrats notably left open one of the most controversial questions: whether, under a carbon cap-and-trade system, to auction off pollution credits to companies, as Obama's plan would do with 100% of them, or to give away some or all at no cost. If even a portion of the credits are auctioned off, the scheme could produce hundreds of billions of dollars in revenues, since almost every big company in America would need to buy the credits to initially comply with the more stringent standards...
...House produced a long-awaited bill to regulate 85% of U.S. greenhouse-gas emissions, anteing up for what promises to be long, high-stakes negotiations with the Senate and business groups alarmed at the $1 trillion price tag that some estimate such an effort could entail. The effects of the already intense lobbying were felt across the Capitol, where the Senate the same afternoon passed by an overwhelming margin an amendment resolving that any energy legislation should not increase electricity or gas prices. As it stands now, energy-price hikes are unavoidable under most of the climate-change plans swirling...
...sweep of the Waxman-Markey bill, known as the American Clean Energy and Security Act, is massive. It includes provisions to require that a quarter of U.S. power production be based on renewable energy by the year 2025; investments to facilitate mounting those new energy sources onto the grid; incentives for green buildings, appliances and vehicles; and an ambitious schedule to reduce greenhouse gases 20% below 2005 levels by the year 2020. The goals are even more ambitious than those in Obama's plan, which calls for only a 14% reduction in the same period - and that may well...
...budget, which is just a rough, nonbinding blueprint for Congress' spending priorities in the coming fiscal year, includes a provision that would allow health-care legislation to pass the Senate with a simple majority of 51 votes. Democrats have uniformly said they have no intention of piggybacking an energy bill in the same way, though the provision is sufficiently vague to allow for such a move. Just in case Democrats change their minds, an amendment being offered this week by Nebraska Republican Mike Johanns would bar the inclusion of climate-change legislation in the final budget...
...energy-reform maneuvering is already. The fact that the amendments - several more of which are in the pipeline - are coming through the Senate shows the impatience of members of the upper chamber, since the Senate will most likely wait for the House to act rather than draft its own bill. And there remain many holes to be filled in the House bill. The Waxman-Markey bill, for instance, doesn't tackle nuclear power, a key issue for Republicans. And it doesn't set specific timetables for greenhouse-gas reductions or address international concerns about how the U.S. would handle climate...