US Lawmakers Debate Climate Bill’s Economic Impact
As the House barely passed a historic climate change bill, the heated debate on its impact on the struggling U.S. economy continues. The legislation calls for the nation’s first limits on pollution and aims to bring about a shift to cleaner, yet more expensive energy. But there is much dispute about the impact of the legislation on U.S. employment and American consumers.
Considered the most extensive climate change policy ever considered by Congress, the Waxman-Markey bill would require the U.S. to reduce carbon dioxide and other greenhouse gas emissions by 17 percent from 2005 levels by 2020 and by about 80 percent by 2050. Under the bill, the government would limit pollution from factories, refineries and power plants. The legislation also pushes for a shift to alternative energy sources and cleaner technologies.
Democratic lawmakers have been pushing for a bill aiming to reduce greenhouse gas emissions for some time. They see it as a way to strengthen the economy by promoting economic recovery and reducing dependence of foreign oil.
President Obama touted the bill as an initiative to help “create millions of new jobs all across America.” But republicans argue that the legislation is a serious threat to economic recovery: It will kill jobs, drive companies to other countries and burden consumers with higher energy costs. The Heritage Foundation, a conservative research institute, contends that the bill sets out to regulate energy prices too aggressively and would create a cost of an average of $1,500 a year in energy bills for the American family.
Democratic leaders in the Senate are planning on introducing a similar bill, but have pushed back the timeline for doing it until September.
Read more about Impact of the Economic Downturn on the Renewables Sector
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I am the northern region director for a new start up company. My Managing Director is Mike D. Randall, who is engineering director, and technical director, of companies whose are websites are listed.
Energy from renewable sources, will I believe benefit everyone on earth, no matter where they are. The biggest benefit I think is the recovery of the water, for without water, not many creature’s can do without, for than a few days.
Solve the need to spend billion’s no matter the currency, to build new reservoirs, a was in process of being planned for South East of England.
Anaerobic Digestion (AD) as its known, recovers the water in the plants, or animal’s. Most people consist of about 80% of water.
Yesterday was discussing with the finance director and facilities manger, of an agricultural college, the possibility of our constructing an AD unit for them.
Today I am meeting with someone who was inquiring, about 100 small scale AD units for rural communities, in South East Asia. Plus 85 large scale AD units, for South America.
Hoping to meet with my business adviser, who is now a rural affair’s manager. He asked me when last I spoke to him, that he has a client who has 2 skip’s of food waste a week, to dispose off. Food waste rotting in landfill sites, produces Carbon Dioxide, one of the greenhouse gases. It’s called that, because it’s plant food, commercial greenhouse growers feed it straight to their plant’s.
Where I have an interest in AD, I know a great deal in preventing unexpected explosion’s taking place. Like the one that closed the M1, in December 2005.