Some news about the climate change legislation being developed by Sens. John Kerry (D-Mass.), Lindsey Graham (R-S.C.) and Joe Lieberman (I-Conn.) emerged from meetings they had with industry representatives. According to several sources in the meeting room, the bill will call for greenhouse gas curbs across multiple economic sectors, with a target of reducing emissions 17 percent below 2005 levels by 2020 and 80 percent by 2050. Power plant emissions would be regulated in 2012, with other major industrial sources phased in starting in 2016. That’s fairly ambitious and exactly the same amounts as the Waxman-Markey bill that passed the house last summer. The particulars of the bill get a bit of a rehearsal in the story. Not much on nuclear energy, except this: Overall, the bill will include eight titles: Refining, America's Farmers, Consumer Refunds, Clean Energy Innovation, Coal, Natural Gas, Nuclear and Energy Independence, according to sources. Normally, we’d wai...
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.