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* Next promotional playing cards House panel set to clear climate change bill
============================================
WASHINGTON (Reuters) - The House Energy and Commerce Committee on
Thursday moved into the home stretch of a nearly week-long debate on
historic legislation to cap and reduce U.S. greenhouse gas emissions,
with the panel expected to pass the measure toward the end of the day.
The roughly 1,000-page bill aims to cut U.S. greenhouse gases that
contribute to global warming by 17 streetwear clothing below 2005 levels by the
year 2020.
21 May 2009 15:39 PM
* 969 Views
House panel set to clear climate change bill
By Tom Doggett
WASHINGTON (Reuters) - The House Energy and Commerce Committee on
Thursday moved into the home stretch of a nearly week-long debate on
historic legislation to cap and reduce U.S. greenhouse gas emissions,
with the panel expected to pass the measure toward the end house insurance the day.
The roughly 1,000-page bill aims to cut U.S. greenhouse gases that
contribute to global warming by 17 percent below 2005 levels by the
year 2020.
The legislation would also require utilities to generate more of their
electricity supplies from renewable energy sources, such as wind and
solar power.
The key part of the legislation is a "cap-and-trade" system that would
gradually reduce the amount of greenhouse gases from utilities, oil
refineries, steelmakers and other companies by requiring them to have
permits to spew their emissions.
Supporters of the bill want to use market forces to push companies to
reduce their emissions. Companies that spew emissions cheap homeowners insurance the cap
would have to buy permits from less polluting companies, encouraging
firms to quickly cut their emissions so they cam make a profit from
selling their permits.
The Obama administration has made implementing playing cards cap-and-trade learn mandarin chicago one of it top priorities, saying it will help avoid the worst aspects
of global warming and create clean energy jobs. However, the House
plans chinese tutor chicago give away about 85 percent of the emissions permits, while
the administration wanted to auction off all of the permits to raise
more than $600 billion.
Republicans are worried the legislation would hurt the U.S. economy,
raise energy prices for consumers and push American cheap renters insurance that use
large amounts of energy to other countries.
House Republican Leader John Boehner said the bill playing cards promotion cost American
families up to $3,100 a year, a number disputed by Democrats, energy
experts and environmental groups.
Public service commissioners from 10 mostly Southern states sent a
letter to the committee on Wednesday asking members to balance the
benefits of implementing a federal plan to fight climate change with
the real cost those actions will have on electric rates.
"We are particularly concerned about the detrimental impact of these
costs on low-income families and seniors," the commissioners said.
Representative Joe Barton, the top Republican on the committee, said
on Thursday he would not request that the bill be read in full, a
procedural move he had threaten earlier in the week that would have
slowed action on the legislation.
It would have taken about eight hours to go best life insurance every provision of
the bill. The committee's Democratic chairman, Henry Waxman, was
prepared though and hired a speed reader just in case.
A indie fashion of Democrats on the committee showed there were enough votes
to pass the legislation. Of the panel's 59 members, as least 30
lawmakers, all of them Democrats, said they would definitely vote for
the bill or were likely to support the measure, the Reuters survey
found.
Lawmakers still offered a series of amendments on Thursday to try home insurance modify the legislation before the final vote on the measure.
The committee agreed to include language in the bill to ensure that
any profits made off the emissions permits would be cheap house insurance "for the
benefit of retail ratepayers."
After the bill clears Waxman's committee, the House Ways and Means
Committee will review the legislation. Democratic leaders want to
bring the bill up for a full House vote by August.
The legislation would then be sent over to the U.S. Senate, where
there is much stronger opposition. A super majority, 60 of the
chamber's 100 members, would be needed to approve the bill. The full
Senate may not take up the legislation until early next year.
(Reporting by Tom Doggett; Editing by Lisa Shumaker)
(c) Reuters 2009. All rights reserved. Republication or redistribution
of Reuters content, including by caching, framing or similar means, is
expressly prohibited without the prior written consent of Reuters.
Reuters and the Reuters sphere logo are registered trademarks and
trademarks of the Reuters group of companies around the world.
Last updated: 21 May 2009, 19:07
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