Podcast: Senate Climate Bill Cuts-up Smaller Allocation Pie Than House Version


The Senate cuts up the emission allocations pieMajor differences begin to emerge between the Senate and House versions of cap-and-trade legislation. Due to more stringent budget requirements – known as the “CBO haircut” –  in the Senate, the Kerry-Boxer bill is forced to dole out emissions allowances from a smaller pie. A difference that Boxer didn’t highlight when the 923-page draft bill was released late last Friday, but that is becoming apparent to those vying for a piece of the pie.

Sources and further reading:
New York Times/E&E News (subscription)
Grist – How CBO budget scoring devalues efficiency… with PUPPIES!
Climate Progress

Reported by Energy and Environment senior correspondent Darren Samuelsohn, podcast by GWIR editor Tom Schueneman

Thomas Schueneman
Thomas Schuenemanhttps://tdsenvironmentalmedia.com
Tom is the founder and managing editor of GlobalWarmingisReal.com and the PlanetWatch Group. His work appears in Triple Pundit, Slate, Cleantechnia, Planetsave, Earth911, and several other sustainability-focused publications. Tom is a member of the Society of Environmental Journalists.

Get in Touch


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles

Stay in touch

To be updated with the latest climate and environmental news and commentary. Learning to live in the Anthropocene.


Latest Posts