Skip to Main Content

Latest News

May 17, 2010
Volume 88, Number 20
p. 10

Cap-And-Trade Bill Introduced

Climate Change: Kerry, Lieberman bill is released after months of delay

Jeff Johnson

  • Print this article
  • Email the editor

Latest News



October 28, 2011

Speedy Homemade-Explosive Detector

Forensic Chemistry: A new method could increase the number of explosives detected by airport screeners.

Solar Panel Makers Cry Foul

Trade: U.S. companies complain of market dumping by China.

Novartis To Cut 2,000 Jobs

Layoffs follow similar moves by Amgen, AstraZeneca.

Nations Break Impasse On Waste

Environment: Ban to halt export of hazardous waste to developing world.

New Leader For Lawrence Livermore

Penrose (Parney) Albright will direct DOE national lab.

Hair Reveals Source Of People's Exposure To Mercury

Toxic Exposure: Mercury isotopes in human hair illuminate dietary and industrial sources.

Why The Long Fat?

Cancer Biochemistry: Mass spectrometry follows the metabolism of very long fatty acids in cancer cells.

Text Size A A

Lieberman (left) and Kerry held a press conference on May 12 to roll out their long-awaited energy and climate legislation. Newscom
Lieberman (left) and Kerry held a press conference on May 12 to roll out their long-awaited energy and climate legislation.

A climate-change bill that includes greenhouse gas cap-and-trade provisions and sections that aid industries affected by a charge on emissions was introduced by Sens. John F. Kerry (D-Mass.) and Joseph I. Lieberman (I-Conn.) at a crowded briefing on Capitol Hill last week. The bill, in draft form since last year, would require reduction of carbon dioxide emissions by 17% in 2020 and more than 80% in 2050, according to the authors.

The nearly 1,000-page bill was described as a work-in-progress by supporters and critics alike, signaling that many amendments and a lengthy debate are likely. No Republicans voiced support for the bill, and even Sen. Lindsey O. Graham (R-S.C.), who had been working with Lieberman and Kerry on the legislation, withdrew his support for the bill in recent weeks.

For the chemical and other industries that are energy-intensive or may be competitively disadvantaged internationally, the bill puts off compliance until 2016 and then provides free allowances to emit CO2 on a phased schedule to help offset costs. It also provides $20 billion in aid to encourage industrial efficiency.

The bill encourages deployment of new nuclear power plants and carbon capture and sequestration projects for coal power plants, as well as offshore oil and gas drilling. But in light of the recent BP spill in the Gulf of Mexico, it was modified to allow states to block offshore drilling operations within 75 miles of their shores and gives this authority to neighboring states as well.

Many in clean-energy-related industries welcomed the bill as a good starting place to develop a law to cap carbon emissions and help drive their industries. But a host of traditional industry groups, such as the American Chemistry Council, the National Petrochemical & Refiners Association, and the National Association of Manufacturers, criticized it as destructive to their economic interests.

Environmental groups were also divided between those that see it as a starting place and those that see it as too weak with too many free allowances in the early decades.

The House narrowly passed a cap-and-trade climate bill last June (C&EN, July 6, 2009, page 8).

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2011 American Chemical Society
  • Print this article
  • Email the editor

Services & Tools

ACS Resources

ACS is the leading employment source for recruiting scientific professionals. ACS Careers and C&EN Classifieds provide employers direct access to scientific talent both in print and online. Jobseekers | Employers

» Join ACS

Join more than 161,000 professionals in the chemical sciences world-wide, as a member of the American Chemical Society.
» Join Now!