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Article: Canadian Implications Of U.S. Climate Change Regulation - U.S. House Passes American Clean Energy And Security Act.
- Article from:
- Mondaq Business Briefing
- Article date:
- October 8, 2009
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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While Canadian market participants are understandably focused on our own emerging climate-change regulatory framework, it is important to keep up to date on U.S. developments and their potential implications for our markets and industries. This short article provides a high-level overview of key features of current U.S. federal legislative initiatives and their possible effects north of the border.
Key features of ACES On June 26, 2009, the American Clean Energy and Security Act (H.R. 2454, the Bill or ACES) was narrowly passed by the U.S. House of Representatives. The passage of the Bill is the first major step in the U.S. towards the institution of federal ...