Senate Envorinmental and Public Works Chairman Barbara Boxer is set to release that committee's version of climate change legislation tomorrow. Boxer's bill is expected to seek to increase the Waxman/Markey goal of 17% greenhouse gas emissions by 2020 to a 20% reduction. Still secret, however, are the industry by industry allocations of initially free emissions credits Boxer and her committee propose. Apparently Boxer wants to bring industry lobbyists to the table and garner maximum support for the Senate version of this legislative measure by passing out free emissions credits to those lobbyists first to the bargaining table.
Tuesday, September 29, 2009
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