| US Senate Slams "Costly" Climate Bill | 19 June 08 |
 The United States Senate quickly shut down the proposed Lieberman-Warner Climate Security Act this month. The nation's top scientists, economists, business figures, environmental groups and national security communities supported the bill, calling on policymakers for urgent action on climate change. The bill proposed quick and substantial cuts to carbon emissions "on the order of 80 percent below 2000 levels by 2050". The opposition, no longer denying the science of global warming, argued that placing a cap on carbon emissions would wreck the economy. Environmental groups remain optimistic and see this as an opportunity to achieve better legislation than the Lieberman-Warner Bill. A new "Investing in Climate Action and Protection Act," dubbed the iCap Bill was recently introduced in the House by democratic Massachusetts Representative Ed Markey. The bill calls for a moratorium on traditional coal plants and aggressive emission cuts. View May 29, 2008 Union of Concerned Scientists press release View Scientists and Economists' Call to Action View June 9, 2008 Time article View June 10, 2008 Corporate Social Responsibility News article View May 30, 2008 1Sky article View June 2, 2008 Reuters article View June 6, 2008 Reuters article Sources: Union of Concerned Scientists, Time, Corporate Social Responsibility Newswire, 1Sky, Reuters |
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