The Senate's Climate Change Cap-And-Trade Bill

Law360, New York (October 23, 2007, 12:00 AM EDT) -- On October 18, Senators Joseph Lieberman (I-CT) and John Warner (R-VA) introduced climate change cap-and-trade legislation. The bill, titled America’s Climate Security Act (ACSA), comes after an August 2, 2007 outline the Senators released to generate discussion and feedback, and contains some key differences from the August white paper.

* Regulated Entities *

The bill’s greenhouse gas (GHG) emissions cap would apply to the electric power, industrial, and transportation sectors, reaching 75 percent of total US GHG emissions. Facilities are regulated depending on their emissions of...
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