Winners and Losers in Climate Legislation Push
New York report details the House passage of a climate bill 219 to 212 and outlines who gains from a carbon economy. It highlights solar wind geothermal and other renewables including nuclear as winners with utility investments, and warns of higher electric bills and costs for petroleum firms as major losers.
MENTIONED IN THIS ARTICLE
New York
Congress
House
Barack Obama
Florida Power & Light Co
Arizona Public Service
Southern California Edison
International Carbon Bank & Exchange
Florida
Senate
Obama urges Senate to pass climate change bill
President Obama pressed senators to back the House approved plan limiting greenhouse gas emissions from major sources and shifting the U S toward cleaner energy. The plan would cut emissions by 17 percent from 2005 by 2020 and 83 percent by midcentury, with potential higher energy costs and new green jobs. Speaker Pelosi hailed the vote as transformational and a step for U S leadership in climate talks.
MENTIONED IN THIS ARTICLE
Congressional Budget Office
Environmental Protection Agency
CBO
EPA
American Petroleum Institute
API
Jack Gerard
Edward Markey
D-Mass
Markey
Gerard
Washington
D.C
House
Barack Obama
U.S
Obama
Denmark
Nancy Pelosi
D-Calif
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