Too Many Concessions in New Climate Bill?

  • Critics of the new bill say Kerry and Lieberman are giving too much away to polluting industries to attract more votes. (Photo courtesy of Tim Pearce)

Senators John Kerry and Joe Lieberman unveiled their climate and energy bill. It has support from some big fossil fuel industries. And several environmental groups say… it’s a good first step. But Mark Brush reports, critics are arguing it gives too much away to polluting industries:

Transcript

Senators John Kerry and Joe Lieberman unveiled their climate and energy bill. It has support from some big fossil fuel industries. And several environmental groups say… it’s a good first step. But Mark Brush reports, critics are arguing it gives too much away to polluting industries:

The American Power Act sets a national goal for reducing greenhouse gas emissions. And it would stop states from setting their own greenhouse gas standards.

It also provides billions of dollars to the coal industry to develop carbon capture technology. And it encourages more offshore drilling by offering states a share of royalties.

Kieran Suckling heads up the Center for Biological Diversity. He says by trying to attract more votes – Kerry and Lieberman are giving too much away to polluting industries:

“If all those giveaways and buyoffs got you the votes you needed, so you could actually pass the bill, you might hold your nose and say o.k. But it’s not even working. So you have all the giveaways and then you still get massive opposition.”

So far – despite the concessions – no republicans have stepped forward to support the bill.

For The Environment Report, I’m Mark Brush.

Related Links