Sunday, June 14, 2009

Clean energy bill should have 100 percent auction of carbon emission permits

Dave Stancliff/For the Times-Standard

Posted: 06/14/2009 01:27:09 AM PDT

Congress is debating a comprehensive energy bill, known for short as “ACES,” that will be a winning hand for pollution-generating corporations, or for the American public. It's that simple.

The bill, HR 2453 -- The American Clean Energy and Security Act of 2009 -- was introduced by Congressmen Waxman and Markley. It needs to be modified, but it's a step in the right direction. Everyone agrees something has to be done and it's important that we do it soon.

However, as currently worded, the bill allocates most of the revenue generated from new carbon emission permits to major corporations. Chesapeake Climate Action Network's (CCAN) Policy Director Ted Glick recently went to Washington, D.C., to deliver a sign-on letter to Congressman Charlie Rangel (D-NY) and other members of the House Ways and Means Committee, addressing the issue of carbon credits in the new legislation.

Click here for the rest of the column.

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