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The Low Carbon Economy Ltd

13 May 2010 10:05:14

Long-awaited US climate change bill unveiled

Long-awaited US climate change bill unveiled
US senators have unveiled details of the much-anticipated climate change bill, outlining plans to cut carbon emissions in the US by 17 per cent over the next decade and by 80 per cent by 2050.

Other measures detailed in the bill include provisions for relaxing rules on offshore oil-drilling and a proposal which could see large polluters such as power plants being charged for their emissions.

It also contained a number of 'sweeteners' for the bill's opponents, including provisions aimed at boosting nuclear power in the US.

"This is a bill for energy independence after a devastating oil spill, a bill to hold polluters accountable, a bill for billions of dollars to create the next generation of jobs and a bill to end America's addiction to foreign oil," senator John Kerry said.

US president Barack Obama also lent his support to the bill, saying that he wants it to pass this year.

"For too long, Washington has kicked this challenge to the next generation," he added.

However, with politician on the left arguing that the bill does not go far enough and many Republicans remaining sceptical, how likely is it the bill will get passed in its present form?

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