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Putting a first-ever price on greenhouse gas emissions

Senate talks intensify with new carbon pricing draft expected this week



Darren Samuelsohn, E&E senior reporter Link to Inhofe EPW Press Blog Link to Article The Senate trio at the center of talks on a comprehensive climate and energy bill will present a draft proposal this week to their fence-sitting colleagues and high-profile interest groups amid warnings from Democratic leadership that the window for action is closing.

"It's time," said a Senate aide close to the process. "Game on." Sens. John Kerry (D-Mass.), Lindsey Graham (R-S.C.) and Joe Lieberman (I-Conn.) have been working for months behind closed doors on a plan that promotes domestic energy production while putting a first-ever price on greenhouse gas emissions. Aides say they have settled on a relatively short but detailed list of ideas that are ready to be turned into formal bill language, but first they want to get feedback from key blocs of Democratic and GOP senators with a stake in everything from coal to natural gas, manufacturing and transportation. Kerry this week is scheduled to have at least eight climate-related meetings with senators and other interest groups. Graham and Lieberman have talks lined up with critical voices from both parties in the debate, including Sens. Sherrod Brown (D-Ohio), Scott Brown (R-Mass.), Mary Landrieu (D-La.), Carl Levin (D-Mich.) and Judd Gregg (R-N.H.). The overall goal, Kerry's spokeswoman Jodi Seth said, is to jump-start talks that can help pave the way toward 60 votes. "Dozens of meetings and scores of decisions and negotiations still have to happen before anyone knows what a bill would look like, but every day we are making progress," Seth said. The Kerry-Graham-Lieberman draft to be circulated this week starts with an overall goal of reducing U.S. greenhouse gases by 2020 in the range of 17 percent below 2005 levels. More...

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