WASHINGTON - the Republican chairman and the top Democrat on the Senate Energy Committee will introduce legislation this spring aimed at fighting global warming, but their staff see little chance of Congress passing the climate change bill this year.
The European Union, Japan and much of the rest of the industrialized world are imposing mandatory cuts on emissions linked to global warming. But in the United States, the Bush Administration favors asking companies to join a voluntary emission reduction program. Sen. Pete Domenici, who chairs the Senate's energy committee, believes the United States should take a tougher stand. Domenici and his Democratic colleague on the panel, Sen. Jeff Bingaman, jointly issued a "white paper" on Thursday listing climate change issues that must be resolved before they can write their bill.
The paper seeks answers to several key questions, including whether the entire US economy or just certain sectors should be regulated in any greenhouse gas program. The paper notes that no single sector of the US economy, such as transportation or industrial, makes an overwhelming contribution to America's total greenhouse gas emissions.
"If a key design feature is fairness, then no one sector should be singled out," the paper says. "An economy-wide approach also allows for ease in seeking the least-cost path to (emission) reductions through trading systems."
EDIT
Yes, we mustn't be unfair to anyone, or cost them any money or inconvenience them in any way.
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