Thursday, May 14, 2009

Democrats to Relax House Emissions Bill

House Democrats said last night that they would scale back some of the most aggressive provisions of a bill to cut greenhouse gas emissions, a compromise designed to win the votes of fellow Democrats whose states rely on coal or heavy industry. Such a deal would give a crucial boost to a measure that is a key priority for both President Obama and Democrats on Capitol Hill. It had run aground amid concerns that it would cost too much, or weigh too heavily on states in the Midwest and West. That first draft called for a 20 percent reduction in U.S. greenhouse gas emissions by 2020. Under the new agreement, the goal would be a 17 percent reduction. Also, the bill originally called for all states to get 25 percent of their electricity from renewable sources by 2025. Under the new version, the standard would be lowered to 15 percent by 2020, plus a requirement to reduce energy use by 5 percent by then through improved energy efficiency, Hill staffers said. The changes also clarified some details of how the government will parcel out pollution credits. Some environmental groups had called for all such credits to be auctioned off, with the money funneled to energy-efficiency projects or back to taxpayers. But last night's compromise said that some of the credits would be given out free -- and that 35 percent of those would be given to local electricity-distribution companies...WPost

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