Graham Bids to Ease Tensions Over Competing Climate Bills. By Darren Samuelsohn, Greenwire, March 25, 2010. "Sen. Lindsey Graham (R-S.C.) tried to defuse simmering tensions today over competing climate change bills that threaten to upend the global warming debate before it can even reach the floor. In an interview, Graham said he welcomes legislation from Sens. Maria Cantwell (D-Wash.) and Susan Collins (R-Maine) that takes an alternative approach for setting up a pricing system on industrial releases of greenhouse gases... Cantwell and Collins introduced their bill, known as the 'CLEAR Act' last December. It would forgo the widespread trading of carbon allowances and instead require energy producers to bid in monthly auctions for carbon shares. It also would direct 75% of the resulting auction revenue as a refund to help compensate the public for increased energy costs, with the remaining 25% going toward clean energy research and development... Collins yesterday said she did not like the idea of seeing her proposals co-opted into the Kerry-Graham-Lieberman proposal. 'I think the bill we came up with is the right approach,' Collins said. 'Rather than seeing parts of our bill cannibalized and put into another bill, I think they should take a look at coming onto our legislation.'"
2010-04-12
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