Jenner & Block

Senators Kerry and Lieberman Announce New Climate Change Bill

Sigel_Gabrielle_COLORBy Gabrielle Sigel

 

On the afternoon of May 12, 2010, U.S. Senators Kerry (D‑MA), and Lieberman (I‑CT), jointly introduced their “discussion draft” of the American Power Act (“the APA”), as a Senate version of comprehensive climate change regulation.  The U.S. House of Representatives passed its comprehensive climate change bill, the Waxman-Markey, American Clean Energy and Security Act, H.R. 2454, in June 2009.  The Kerry-Lieberman bill is the result of negotiations ongoing since Fall 2009, attempting to develop a bipartisan climate change bill, with support from both industry and environmental groups.  The 987-page bill unveiled on May 12 intends to reduce U.S. industry-wide GHG emissions from a 2005 baseline by 17% in 2020 and by 80% in 2050, through a cap-and-trade scheme.  As currently structured, the APA has six substantive, somewhat overlapping, sections.

TAGS: Climate Change, Greenhouse Gas

PEOPLE: Gabrielle Sigel