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House Draft Bill: Climate Change, Clean Energy

Law360 (April 9, 2009, 12:00 AM EDT) -- On March 31, 2009, House Energy and Commerce Committee Chairman Henry Waxman, D-Calif., and Chairman of the Subcommittee on Energy and Environment Edward Markey, D-Mass., released a draft of a comprehensive climate change and clean energy bill.

The 600-plus page bill, the American Clean Energy and Security Act of 2009, is expected to initiate considerable debate in the House of Representatives on climate change and clean energy issues.

Highlights of the Proposed Legislation

Cap-and-Trade

The draft bill establishes a nationwide cap-and-trade program for greenhouse gas (“GHG”)...
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