Friday, November 21, 2008

New Senate to get major global warming bill Top Senate Democrats on Thursday said they would introduce major global warming legislation early next year, saying Barack Obama's election meant a "sea change" in the battle against climate change. The announcement came just two days after president-elect Obama, in one of his first major policy pronouncements since his historic victory two weeks ago, warned that denial of global warming would no longer be US policy. Boxer, chairwoman of the Senate Environment and Public Works committee which will frame US global warming efforts, said the bill would be consistent with Obama's campaign promises for large cuts in greenhouse gas emissions. The California senator said one new bill in January would be designed to cut global warming gas emissions by spending up to 15 billion dollars a year to spur clean energy innovation and the development of advanced biofuels. The other piece of legislation will direct the US Environmental Protection Agency to set up a cap-and-trade system to stem greenhouse gas emissions....

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