Tuesday, June 23, 2009

House to Vote on Climate Change Bill this Week

The American Clean Energy and Security Act (aka "ACES" aka the "Waxman-Markey bill") may get a vote on the House floor this week, surprising many of us who thought the road from committees to the floor would be a much longer one.

House Speaker Nancy Pelosi has said the vote will likely happen Friday. Meanwhile, supporters are still working out deals with detractors like Agriculture Committee Chairman Collin Peterson (D-MN), who opposes parts of the bill that he says put a disproportionate burden on farmers.

One of the most significant details so far, reports Climate Progress, is a concession to Rep. Peterson that gives the country's electric co-ops that have under 4 million MW of capacity (so some of the smallest electricity producers) a free 0.5 percent of the cap-and-trade program's valuable emission allowances. Thanks to this, the National Rural Electric Cooperative Association said they are "not going to stand in the way of the passage of the bill."

More negotiations are happening throughout the week, including around issues like the definition of "renewable biomass" and the EPA's authority to consider indirect emissions (such as land-use changes) when calculating biofuels' impact.

Pelosi and others seem confident they'll have the votes they need by Friday. Stay tuned...

via Politico and Climate Progress

1 comment:

Anonymous said...

Vote this bill down!

If this bill passes, do't ever let the ems forget it. Every election the Dems will have to bear the burden of this new tax. Wahoo!