Washington, DC (September 4, 2007)- While a number of climate change bills have been introduced in both the House and the Senate, it appears the Senate will be the first to act on cap and trade climate change legislation. In the weeks leading up to the August recess, Senators Joe Lieberman (I-Connecticut) and John Warner (R-Virginia) took the lead in drafting a framework for legislation to be introduced to the Senate Committee on Environment and Public Works, Subcommittee on Private Sector and Consumer Solutions to Global Warming and Wildlife Protection, of which they are chairman and ranking member, respectively.
The Senators utilized different aspects from a number of previously introduced bills in drafting their proposal. In addition to a number of more narrowly focused proposals, there have been 4 major legislative proposals in the Senate that call for mandatory, economy-wide caps on greenhouse gas (GHG) emissions and either mandate or recommend a market-based cap-and-trade permit system.
American Forests Climate Change Analysis
S. 2101 Forest Related Provisions