Word: lieberman
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America's Climate Security Act, a bipartisan bill co-sponsored by Senators Joe Lieberman and John Warner, would create a cap-and-trade system to reduce greenhouse-gas emissions 65% below 1990 levels by 2050. It has made it out of subcommittee and has a good chance of reaching the Senate floor. Its strength can be measured by what the candidates are saying about it--and by what they're not saying...
...environmental forum held Nov. 17 in Los Angeles, many of the green activists in the audience expected John Edwards to come out gunning for Hillary Clinton. All he had to do was challenge her to join him in opposing Lieberman-Warner because it would give away billions to heavily polluting industries. Edwards had denounced the bill as a "corporate windfall," but Clinton--who serves on the Senate's Environment and Public Works Committee and will soon have to vote on it--hadn't taken a position. The day before, Friends of the Earth Action, which has endorsed Edwards, started running...
...this issue. They got Virginia Republican Warner's attention when business leaders like GE CEO Jeff Immelt came out in favor of mandatory caps on carbon emissions, a move that also blew down the straw house of the deny-and-delay crowd. The legislation that Warner has written with Lieberman, an Independent, combines elements of earlier, stillborn bills, and it won crucial backing from California Senator Barbara Boxer, Democratic chairwoman of the Environment Committee. "This is an election issue," she says. "Voters need to know which Senators believe global warming is real and which...
...trade system envisioned by Lieberman-Warner, in which government sets emissions limits and auctions or gives away pollution allowances that can then be bought and sold, would raise billions for energy investment by imposing billions in new costs on polluters. Who pays, how much is paid and who gets to spend those billions will be one of the great political battles of this generation. Naturally, some business interests want to delay the day of reckoning, and they're making common cause with some green groups that don't think it's possible to get a strong enough bill through this...
Which brings us to Washington. Despite increasing evidence that Americans are worried about climate change - Congress continues to drag its feet on a nationwide carbon reduction plan similar to ones already enacted by the faster-moving states. Hopefully, that will begin to change. The long delayed McCain-Lieberman bill - which would cap carbon emissions at 15% below 2005 levels by 2020 and set up a greenhouse-gas trading system - may finally be brought to a vote before the Senate Environment and Public Works Committee as early as next month, though there's no sign of when it would reach...