martindale.com Legal Library
|
Senate Introduces Climate Change Bill as Companion to Waxman-Markey |
October 28, 2009
Previously published on October 20, 2009
On September 30, 2009, Senate Environment and Public Works Committee Chairman Barbara Boxer and Senator John F. Kerry introduced a companion bill to the House's Waxman-Markey climate bill. The new Kerry-Boxer bill builds closely on Waxman-Markey, with some key modifications, including stricter emission targets when compared to 2005 levels, a slightly different treatment of offsets, and refinements in regulatory oversight of the market for allowances. However, Kerry-Boxer is relatively thin on guidance on the allocation of emissions allowances, a key issue in the debate on climate-change regulation.
|
The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
Practice Area Resource Centers
|
|