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Major provisions of House climate and energy bill

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Associated Press

Published: Friday, June 26 2009 9:44 p.m. MDT

Summary

In an effort to curb global warming, the House is considering legislation that calls for:

More Coverage
  • House passes energy-climate bill

In an effort to curb global warming, the House is considering legislation that calls for:

Reducing greenhouse gases by 17 percent from 2005 levels by 2020 and 83 percent by 2050 through a cap-and-trade program that allows pollution permits to be bought and sold.

Limiting emissions from major industrial sources, including power plants, factories, refineries and electricity and natural gas distributors. Emissions from agriculture would be excluded from the cap.

Controlling carbon dioxide from the burning of fossil fuels and limiting six other greenhouse gases.

Allowing companies to meet emission-limiting targets by investing in offset projects such as tree planting and forest protection.

Requiring electric utilities to produce at least 12 percent of their power from renewable sources such wind and solar energy by 2020, and requiring as much as 8 percent in energy efficiency savings.

Imposing tighter performance standards on new coal-fired power plants and providing $1 billion a year in development money for capturing carbon dioxide from such plants.

Establishing standards that will require new buildings to be 30 percent more energy-efficient by 2012 and 50 percent more efficient by 2016.

Protecting consumers from rising energy costs by giving rebates and credits to low-income households.

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  • House passes energy-climate bill

Featured Comments

See all 5 comments »
Paying attention

The bill isn't perfect, but it's a darned-sight better than the fiddle-while-Rome-burns status quo.

This is a genuinely good thing.

Cleaner air, less of our money going to OPEC, and major investments in research & development More..

  • 11:37 p.m. June 26, 2009
  • Top comment
Grateful

I'm glad President Obama wasted no time in getting this bill going. It doesn't go far enough, but it's much better than the deceptive stalling we had from the previous administration, which set us back so badly.

Thank you, President More..

  • 12:37 a.m. June 27, 2009
  • Top comment
Cosmo

The Marxist nut jobs won't be gloating, when their power rates triple, within a few years.

  • 10:06 a.m. June 27, 2009
  • Top comment
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