UPDATE: May 18, 2009 - Today Chairman Henry A. Waxman and Subcommittee Chairman Edward J. Markey introduced an amendment in the nature of a substitute to the American Clean Energy and Security Act. The substitute amendment is available online at www.energycommerce.house.gov.
A document summarizing how the emission allowances will be allocated in the new text is available here.
Washington, DC — Today, May 15, 2009, Chairman Henry A. Waxman and Subcommittee Chairman Edward J. Markey introduced “H.R. 2454, The American Clean Energy and Security Act.” The Energy and Commerce Committee will begin markup of the bill on Monday, May 18, 2009, at 1:00 p.m., and will complete consideration before the Memorial Day recess.
“The legislation will create millions of new clean energy jobs, save consumers hundreds of billions of dollars in energy costs, promote America’s energy independence and security, and cut global warming pollution,” said Chairman Waxman. “In support of these goals, this legislation ensures that consumers and industries in all regions of the country are protected. I look forward to working with all members of the Committee to approve this legislation to make America the world leader in new clean energy and energy efficiency technologies.”
“This bill marks the dawn of the clean energy age,” said Subcommittee Chairman Markey. “This is a once-in-a-generation opportunity to revive our economy and create millions of good-paying clean energy jobs. After months of hearings and discussions with my colleagues, I am pleased that we have produced a bill that has widespread support from all regions of the country.”
