(H. Res. 587) A major energy bill containing the “cap-and-trade” plan, which permits ccompanies emitting higher pollution levels than the law would ordinarily allow to continue those emissions by purchasing pollution “credits” from entities emitting lower levels - -on the resolution setting the terms for debate of the bill
house Roll Call 466
Jun 26, 2009
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This was a vote on the rule setting the terms for debate of a major energy bill that included, among other things, a “cap-and-trade” plan designed to reduce ??greenhouse gas emissions: Under cap-and-trade, an enforceable and declining limit, or cap is established on the amount of greenhouse gas pollution that a company is allowed to emit, until the overall reduction goal is met. Companies emitting higher pollution levels than the law would allow are permitted to buy, or trade, pollution “credits” from entities that emit much lower pollution levels. The rule restricted the number of amendments that could be offered to the bill. |
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