Beginning on June 2, the entire Senate plans to debate global warming solutions for the first time in three years. The focus of the debate will be the Climate Security Act, S. 3036, sponsored by Sens. Barbara Boxer (D-CA), Joe Lieberman (I-CT), and John Warner (R-VA). The latest version of the bill, which is a substitute for the legislation passed late last year by the Senate Environment Committee, was unveiled on May 21.
This 157-page bill, which seeks to reduce greenhouse gas emissions from 2,100 facilities nationwide, is one of the most complex environmental programs every proposed. It would establish a “cap-and-trade” system for coal burning power plants, natural gas processors and importers, petroleum refiners and importers, and other producers of greenhouse gases. Each covered facility would be required to have a permit, or allowance, for every ton of carbon dioxide or other equivalent greenhouse gases emitted.
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