The Bill passed in the House on a 241-172 vote, despite strong opposition.
Comments from the White House were favorable: “Today, the House of Representatives took historic action with the passage of the American Clean Energy and Security Act. It's a bold and necessary step that holds the promise of creating new industries and millions of new jobs; decreasing our dangerous dependence on foreign oil; and strictly limiting the release of pollutants that threaten the health of families and communities and the planet itself. Now it's up to the Senate to take the next step. And I'm confident that in the coming weeks and months the Senate will demonstrate the same commitment to addressing what is a tremendous challenge and an extraordinary opportunity."An international consensus is emerging that reductions in greenhouse gas emissions on the order of 30 to 40 percent are needed in the next decade or so to prevent a slide toward uncontrollable global climate chaos, with reductions on the order of 85 to 95 percent required by mid-century. This ACESA bill is one of the first attempts at addressing climate change at a federal level, and it shifts the terms of the discussion by measuring emissions relative to 2005 levels rather than the accepted Kyoto Protocol benchmark of 1990. It promises a 17 percent reduction by 2020, relative to 2005, which translates into a 5 percent reduction in global warming pollution than the United States produced in 1990.
While the actions represented by the passage of this bill are good news for the climate and national security, many believe economically this bill is too convoluted a compromise to have the best impact. It is feared that the forces lobbying against this bill undermined its objectives and overstuffed it with complex exceptions and misdirected incentives.
At Inerjy, we applaud the efforts of all those who recognize the need for the US to achieve energy independence and act on those beliefs. We are paving the way for future arguments beyond the traditional nuclear and bio fuel alternatives by working on “true” renewable energies that offer even more long term protection for both our environment and our standard of living.


Comments
Post has no comments.