iCanwest News Service: Democrats in the U.S. House of Representatives on Tuesday unveiled draft climate change legislation to slash America’s greenhouse gas emissions by 20 per cent by 2020, setting the stage for a protracted and intense political debate in Washington that has potentially major consequences for Canada’s energy industry. The 648-page draft bill would establish a carbon cap-and-trade system to help industry achieve the greenhouse gas reductions, but sidesteps the politically explosive issue …
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Canada: US climate change bill could side-swipe oilsands
iCanwest News Service: Democrats in the U.S. House of Representatives on Tuesday unveiled draft climate change legislation to slash America’s greenhouse gas emissions by 20 per cent by 2020, setting the stage for a protracted and intense political debate in Washington that has potentially major consequences for Canada’s energy industry. The 648-page draft bill would establish a carbon cap-and-trade system to help industry achieve the greenhouse gas reductions, but sidesteps the politically explosive issue …
Original post by miscellaneous