Senate To Weigh Cost Of Key Climate Change Bill

Law360, New York (May 22, 2008, 12:00 AM EDT) -- The U.S. Senate will begin its much-anticipated debate Monday on a climate change bill that would reduce the country's greenhouse gas emissions by up to 66% through a cap-and-trade program.

At this point, it is unclear what the bill's chances are for passing, but emotions on both sides of the aisle are running high.

“The senators will have just returned from a one-week recess, so hopefully they will be rested and in relatively good moods,” said David Russell, senior vice president for Bryan Cave Strategies LLC,...
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