Greenhouse Gas Bill Enters House

Washington, D.C.-- The Climate Stewardship Act was introduced to the House yesterday in hopes of capping greenhouse gas emissions of the electricity generation, transportation, industrial, and commercial economic sectors at the 2000 level, while providing for market-based trading of emission allowances, according to the Arlington, Va.-based Pew Center. Introduced by Representatives Wayne Gilchrest (R–MD) and John W. Olver (D–MA), is the House companion of the bill introduced in the U.S. Senate by Senators Joseph I. Lieberman (D–CT) and John McCain (R–AZ) in 2003. If enacted the Gilchrest-Olver bill would cap greenhouse gas emissions starting in 2010.