We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Bipartisan Climate Change Bill Introduced

Law360 (July 11, 2007, 12:00 AM EDT) -- A bipartisan climate change bill was introduced Wednesday that would strictly limit U.S. greenhouse gas emissions, which most scientists say contribute to global warming. The proposed legislation seeks to cut carbon dioxide emissions 20% by 2030.

Sen. Jeff Bingaman (D-N.M.) and Sen. Arlen Specter (R-Pa.) cosponsored the legislation, which would use a cap-and-trade system to encourage companies to reduce emissions. Firms would buy, sell and trade carbon credits that would allow them to release only a specified amount of greenhouse gases. If a company needs more...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.