Waxman-Markey
Taking sides on Waxman-Markey
Now that the revised Waxman-Markey compromise draft has been make public (here), those in favor of strong climate change regulation are soul-searching about whether to support it. Did Waxman give away too much — on, among other things, free allowances to industry, reduced caps, and lessened requirements for ramping up renewable energy sources (see Steve’s post …
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CONTINUE READINGWaxman-Markey Bill’s Tentative Compromise on Renewable Energy Offers a Weak Standard
When Representatives Waxman and Markey introduced their energy bill concept, they included a requirement that utilities deliver 25% renewable-derived power by 2025. According to the New York Times, a tentative agreement with Democrats unenthusiastic with the orginial proposal would reduce the target to 15% by 2020. And the 15% gets watered down even further. States …
CONTINUE READINGWaxman-Markey hearings
As Dan mentioned in his post yesterday, the House Energy and Commerce Committee is holding hearings through Friday on the Waxman-Markey climate change bill, dubbed The American Clean Energy and Security Act of 2009. Climate Progress has the schedule here. The hearings can be viewed live or after the fact at the Committee’s website, here.
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