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Article: U.S. Senate Releases Climate Change Bill, And Other Recent Developments.
- Article from:
- Mondaq Business Briefing
- Article date:
- October 7, 2009
- Author:
CopyrightCOPYRIGHT 2009 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Article by Patricia A. Koval, Dennis E. Mahony, Michael Pickersgill and Tyson Dyck
United States Senate releases climate change bill On October 1, 2009, the U.S. Senate released a draft energy and climate change bill - known as the Kerry-Boxer bill after its sponsors Senators John Kerry and Barbara Boxer. The Kerry-Boxer bill is similar in many respects to the Waxman-Markey bill that was passed in the U.S. House of Representatives in June, as described in Torys' Bulletin; however, Kerry-Boxer bill contains some notable differences. Although both bills would establish a cap-and-trade system for the country's largest industrial greenhouse gas (GHG) emitters, the ...