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...bill's first hurdle is the Energy and Commerce Committee. Facing blanket GOP opposition, Chairman Henry Waxman is seeking a majority among Democrats and negotiating separately with a number of members who represent regional and constituent concerns. Agreements have not quickly fallen into place, however, prompting a pair of developments Monday: a pep talk by President Obama, who reiterated his support for such legislation at a 90-minute White House meeting with Waxman and colleagues, and a public acknowledgement of the lack of consensus by House Majority Leader Steny Hoyer, who told reporters,: "Whether it's a gridlock...

Author: /time Magazine | Title: Democrats Try to Haggle Together a Cap and Trade Bill | 5/7/2009 | See Source »

...Waxman told TIME his behind-the-scenes negotiations have been more fruitful than it may appear, and will pay off in committee approval of a bill by Memorial Day, a prediction many of his colleagues embrace. Still, it won't be easy, since his committee reflects the interests most directly affected by the legislation. Members from the Midwest and East where coal is abundant fear that tougher standards would fall disproportionately on coal-fired utilities, forcing a shift to less polluting but more costly natural gas - and a spike in household electric bills. They are asking Waxman to grant free...

Author: /time Magazine | Title: Democrats Try to Haggle Together a Cap and Trade Bill | 5/7/2009 | See Source »

...implicit threat: If Congress can’t get its own act together, the EPA will simply move forward on regulating emissions. It also buys time to build popular support and a political coalition to pass the imperfect but commendable draft bill presented by Congressmen Ed Markey and Henry Waxman as well as to pick up the always elusive 60 votes in the Senate...

Author: By Clay A. Dumas | Title: Of Cows and Carbon | 4/23/2009 | See Source »

...world needs to tackle global warming and that "the U.S. is now ready to lead." But hopeful talk doesn't necessarily translate to numbers or action. One of the biggest topics of debate at Bonn was the draft climate-change bill released in late March by Democratic Congressmen Henry Waxman and Edward Markey, which aims to cut U.S. carbon emissions 20% below 2005 levels by 2020. That goal is significantly less ambitious than what the E.U. has pledged, but getting that bill - or anything close to it - through Congress, especially by the Copenhagen summit, will be a legislative headache...

Author: /time Magazine | Title: Progress on Global Warming Remains Elusive | 4/10/2009 | See Source »

...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 change across borders...

Author: /time Magazine | Title: Congress Launches Opening Gambits on Global Warming | 4/1/2009 | See Source »

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