Thursday, May 13, 2010

U.S. Senators Unveil Climate Bill with ‘Carbon Tariff’ Provision

(Bridges Weekly)

United States Senators John Kerry and Joe Lieberman introduced new draft climate legislation on Wednesday, ten months after the House of Representatives passed its own bill to cut US emissions of greenhouse gases.

Senators Kerry, a Democrat, and Lieberman, an Independent, are the chief sponsors of the nearly 1,000-page piece of legislation, which aims to bolster the U.S. contribution to addressing climate change while spurring economic growth and creating jobs at home. The bill is in line with the United States’ official international position to cut its emissions of carbon dioxide to 17% of 2005 levels by 2020. Read more here. An official 21-page summary of the bill is available here: here.