The Environmental Protection Agency (EPA) released its analysis of climate legislation currently under consideration in the Senate, the Clean Energy Jobs and American Power Act, and found no significant change in the estimated cost to American families, compared with legislation passed this summer by the House of Representatives. This news proceeded the legislative hearings this week on Capitol Hill, where senators will hear testimony from more than 50 witnesses over the course of three days.
Meanwhile, a poll released by CNN/Opinion Research Corp shows that 60% of respondents favor a cap-and-trade plan in which the federal government would limit the amount of greenhouse gas (GHG) that companies could produce in factories or power plants. Thirty-seven percent oppose the proposal, which would charge companies that exceed emissions limits.
As the United States prepares for the Climate Conference in Copenhagen this December, where world leaders will discuss their progress on climate change legislation, it is exactly this kind of momentum that will help best position its leadership. Secretary of Energy Steven Chu was optimistic during the hearings, stating, “When we gear up our research and production of clean energy technologies, we can still surpass any other country.” The world is moving fast when it comes to clean energy technologies as we hear daily of developments in China, United Kingdom, India and on and on. We must seize on the momentum to move our world in a new direction when it comes to the possibilities these exciting technologies can bring.
October 28th, 2009 by Michael Meehan - President & CEO
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