Senators Joe Lieberman (I-CT) and John Warner (R-VA) October 17 introduced a bill they claim reduces greenhouse gas emissions. They also claim it can “accomplish that purpose without harming America’s economy or imposing hardship on its citizens.” It imposes a cap on emissions from power plants, manufacturing, and transportation based on their 2005 level beginning in 2012. It also establishes a cap-and-trade system. Editors’ note: For the complete draft legislation, please see our sister publication E=MC2 – Energy Meets Climate Challenge under “free content.” You can find it at www.energymeetsclimate.com
