Recent Developments.

Extract


Recent Developments.

United States

Senators Kerry and Lieberman release energy and climate bill

On May 12, 2010, Senators John Kerry (D-MA) and Joe Lieberman (I-CT) released a draft of their long-awaited energy and climate change bill, the American Power Act. Senator Lindsey Graham (R-SC), who had helped develop a substantial portion of the bill, recently withdrew his support.

Although the bill faces a challenging road ahead through the Senate, its key provisions are currently as follows:

Targets

The bill requires a 17% reduction in total U.S. greenhouse gas (GHG) emis...

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