What Is Cap & Trade: Understanding the Waxman-Markley Climate Bill
Green Life Smart Life
JUNE 24, 2009
Obama and his team promised to tackle this problem head on. There is a new climate energy bill making its way through the House this week, named after its two sponsors, Henry Waxman (D-Calif.) and Ed Markey (D-Mass.) The basic premise of this new climate bill is the attempt to reduce greenhouse gases by instituting a cap and trade program. . They’ve tackled bank bailouts, reforming health care and saving the automakers – the U.S.