Democratic leaders in the House have scheduled a Friday vote on a climate change bill that would establish a complex cap-and-trade system to limit the nation's greenhouse gas emissions, a priority for President Obama. (see full article)
Known as The Waxman Markey Bill, this legislation has received the thumbs down from some industry, especially those dependent on trucking. Listing such concerns as pork barrel spending and give-aways, distrust in the science establishing CO2 emissions' effects on climate change, fears of a new market bubble and higher taxes and increased energy costs, some trade associations have called upon their members to contact their Congressional representatives to advocate against the bill. For more information, click here.
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