New Senate Bill Aims To Create Clean Energy Standard

Law360, New York (March 1, 2012, 7:40 PM EST) -- The leader of the U.S. Senate's energy committee on Thursday introduced a long-anticipated clean energy bill that would require some of the nation's utilities to garner more than 80 percent of their electricity sales from clean sources by 2035.

The Clean Energy Standard Act of 2012, unveiled by Energy and Natural Resources Committee Chair Jeff Bingaman, D-N.M., would rely on a market-based approach to establish a nationwide clean energy standard.

The bill marks the culmination of a shift in Democratic lawmakers' policy strategy following the collapse...
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