Showing posts with label Cap and Trade. Show all posts
Showing posts with label Cap and Trade. Show all posts

Wednesday, July 1, 2009

NLBMDA News - House Passes Sweeping Climate Change and Energy Legislation

In a close 219-212 vote, the House of Representatives approved controversial climate change and energy legislation, H.R. 2454, the American Clean Energy and Security Act, this past Friday before adjourning for the July 4 recess. Read more.

Tuesday, June 23, 2009

What Cap and Trade Can Mean to You

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.