Democrats Unveil Ambitious Global Warming Bill
WASHINGTON — The debate on global warming and energy policy accelerated on Tuesday as two senior House Democrats unveiled a far-reaching bill to cap heat-trapping gases and move the country quickly from dependence on coal and oil.
But the bill leaves crucial questions unanswered and as of now has no Republican support. For those reasons, it marks the beginning, not the end, of debate in the current Congress on how to deal with two of President Obama’s top priorities, climate change and energy.
The draft measure, written by Representatives Henry A. Waxman of California and Edward J. Markey of Massachusetts, sets a slightly more ambitious goal for capping greenhouse gases than President Obama’s proposal, requiring a reduction in emissions of 20 percent by 2020 from 2005 levels. President Obama’s plan envisioned a 14 percent reduction by 2020. Both would reduce emissions of carbon dioxide, methane and other greenhouse gases linked to global warming by roughly 80 percent by 2050.
Bad policy, VERY BAD POLICY.