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...Grassroots Lobby Corps (see box at the end of Hill Bulletin).
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GLOBAL CLIMATE CHANGE
The LWVUS supports strengthening S. 2191, America's Climate Security Act, sponsored by Senators Joseph Lieberman (I CT) and John Warner (R VA) and reported by the Committee on Environment and Public Works. This bill is good first step that would establish the basic framework that's necessary to curtail the pollution that is causing global climate change.
S. 2191 establishes a "cap and trade" system that will, if properly carried out, achieve two essential goals: cutting greenhouse gas emissions enough to prevent the worst impacts of global climate change, and doing so in an economically efficient manner. The "cap" sets a limit on allowable emissions from electric power, transportation and manufacturing sources that will decline over time to meet the pollution-reduction goal. The "trading" system sets up a market that allows sources to buy, sell, borrow and trade emission allowances so reductions can be achieved in the most cost-effective ways.
Significantly, the legislation also provides that a portion of emission allowances will be auctioned, with the proceeds to go toward speeding the transition to new technologies and mitigating impacts.
This said, the legislation must be strengthened in...
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