United States: No climate change law this year

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Old Oct 3rd, 2009, 06:55 PM   #1
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Default United States: No climate change law this year

President Barack Obama's top energy adviser says there is no way Congress will be able to pass a bill on climate change this year.

"That's not going to happen," the adviser, Carol Browner, said Friday.

Senate Democrats unveiled a bill Wednesday that aims to cut greenhouse gasses by 20 percent by 2020. The House passed a bill in June that calls for a 17 percent emission cut by 2020.

The Senate bill includes an economy-wide cap-and-trade system that would require power plants, industrial facilities and refineries to cut carbon dioxide and other climate-changing pollution. While there would be an overall emission cap, polluters would be able to purchase emission allowances to limit reductions. The bill, however, does not lay out how emission allowances would be distributed, a contentious issue left for resolving later.

Climate change is competing with several other big issues for the attention of lawmakers. Among the issues: overhauling the nation's health care system and imposing new financial regulations on Wall Street.
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