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House Panel Passes Limit on Greenhouse-Gas Emissions
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» Links to this article By David A. Fahrenthold Washington Post Staff
Writer
Friday, May 22, 2009

streetwear fashion homeowners insurance to create the first national limit on greenhouse-gas emissions
was approved by a House committee yesterday after a week of late-night
debates that cemented the shift of climate change from rhetorical
jousting to a subject of serious, if messy, Washington policymaking.

This Story

* House Panel Passes Limit on Greenhouse-Gas Emissions

* Capitol Briefing: Speed Reader in the House

* Pearlstein: Right Notes, Botched Refrain

best insurance legislation would create a cap-and-trade system: Over the next
decades, power plants, oil refineries and manufacturers would be
required to obtain allowances for the pollution they emit. Those who
need more or less could turn to a Wall-Street-like market in the
allowances.

The 33 to 25 vote was a major victory for House Democrats, who independent style softened and jury-rigged the bill to reassure manufacturers and
utilities -- and members of their own party from the South and Midwest
-- that they would not suffer greatly.

"I don't think it's too much of an exaggeration to indie fashion that this is a
turning point, in the history of the United States and [its] energy
sources," said Rep. Edward J. Markey (D-Mass.), one of the bill's
chief sponsors. "This is a day we've waited a long time on."

The vote gives this bill more momentum than any previous legislation
to printed playing cards greenhouse gases, but it faces hurdles. In the House, Rep.
Collin C. Peterson (D-Minn.) has said he wants to take up the bill in
his Agriculture Committee, seeking to change rules for those who raise
corn for ethanol. The Senate has shot down previous cap-and-trade
plans.

President Obama supports the bill, an aide said yesterday, though some
provisions are weaker than what he advocated during the presidential
campaign. In particular, automobile insurance called for all pollution credits to be
auctioned off by the government, but the House bill would give away
about 85 percent of them.

After that shift and a weakening of the bill's demands for new
renewable electricity, the environmental group Greenpeace withdrew its
support. But many environmental activists have accepted the changes.

ford insurance of the strength of the bill is affected by that," said Fred
Krupp, president of the Environmental Defense Fund.

The bill, cheap life insurance to remake the way the United States uses energy,
employs vast incentives and slow-growing punishments to shift from
high-polluting fossil fuels to new sources such as wind, solar power
and plant-based fuels. The bill emo fashion for a 17 percent reduction in
greenhouse-gas emissions by 2020 and an 83 percent reduction by 2050.

Only a small segment of businesses, including utilities, factories and
refineries that produce gasoline and other fuels, would have to buy
pollution allowances. But because the United States depends heavily on
fossil fuels, the new costs would probably be spread through the
economy.

The Environmental Protection Agency estimated that the overall impact
would be too small to significantly dampen economic growth. But the
conservative Heritage Foundation has said it might cost a family
$4,300 per year in a few decades.

"The actual paperwork isn't done at the retail level," said cards playing custom Kreutzer, a climate policy specialist at the Heritage Foundation. "But
it's going to jack the cost up, and they will have to pass the costs
on to consumers."

This week's motorcycle insurance in the House Energy and Commerce Committee was, in
essence, over before the first gavel. Chairman Henry A. cheap renters insurance (D-Calif.) had won over a majority by offering Democrats from
heavy-polluting states promises to distribute the credits free and
lower the bill's target for cutting emissions by 2020.

But the week still turned out to be lively and long, with debates
lasting until nearly midnight on Tuesday and Wednesday. Republicans
submitted amendments allowing the bill to be nullified if too many
jobs are lost, if electricity prices go too high, or if China and
India do not rein in their emissions. All failed.

Staff writer Steven Mufson and staff researcher Magda Jean-Louis
contributed to this report.




» This Story:Read +| CommentsUnderstand more about...Major
provisions of House climate and energy billObama and Biden Press House
Democrats for Quick Action on Climate BillDemocratic support for
climate bill broadensVehicle Emission Rules to TightenRepublicans push
changes to U.S. climate billHouse Democrats near agreement on climate
billLet's Have Cap and No TradeAddressing Climate Change Is a Job for
CongressObama Announces Emissions RegulationsPresident Obama Delivers
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* • House Panel Passes Limit on Greenhouse-Gas Emissions

* • Capitol Briefing: Speed Reader in the full color playing cards * • Pearlstein: Right Notes, Botched Refrain

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