Rep. Ed Markey (D-MA) will talk about the climate legislation he will be introducing to the House of Representatives today. Markey is Chair of the House Select Committee on Energy Independence and will be speaking at the Center for American Progress Action Fund, introduced by CAPAF CEO John Podesta.
I received a pre-brief on the legislation last night, and while it is not perfect, it is a much better bill than Boxer-Lieberman-Warner.
In particular, it has the single most important item new climate legislation should have — an emissions standard that stops traditional coal plants from being built [see "Is 450 ppm politically possible? Part 4: The most urgent climate policy (and it isn't a CO2 price)"].
Starting in 2009, I believe, no coal plant can be built that cannot capture and sequester 85% of its carbon dioxide emissions (a grace period of a few years is allowed for plants built after that time to actually find a place to sequestered the carbon). I will post more on this bill as it is put on line.
More details on the briefing below:
John Neurohr, 202.481.8182
ADVISORY: The Future of Global Warming Legislation with Representative Edward J. Markey (D-MA)
Introduction by: John Podesta, President and Chief Executive Officer, Center for American Progress Action Fund
Distinguished Speaker: Representative Edward Markey (D-MA)
The 2007 Intergovernmental Panel on Climate Change reports clearly indicate the need for urgent action to reduce the dangerous build-up of heat-trapping gases in the atmosphere. With the international community moving forward on the next climate change agreement and states and cities in the United States taking steps to reduce global warming pollution, national action is overdue. Representative Edward J. Markey (D-MA), Chairman of the House Select Committee on Energy Independence and Global Warming and senior member of the House Energy and Commerce Committee, will discuss his views on federal climate policy and take questions from members of the audience. Markey has spent over 30 years in the House of Representatives developing progressive energy and environmental policies, including the increase in fuel economy standards that became law in December as part of the Energy Independence and Security Act.
Wednesday, May 28, 2008 Program: 10:30am to 11:30am Admission is free.
Center for American Progress Action Fund 1333 H St. NW, 10th Floor Washington, DC 20005 Map & Directions
Nearest Metro: Blue/Orange Line to McPherson Square or Red Line to Metro Center
For more information, please call 202-682-1611.
The Center for American Progress Action Fund is the sister advocacy organization of the Center for American Progress. The Action Fund transforms progressive ideas into policy through rapid response communications, legislative action, grassroots organizing and advocacy, and partnerships with other progressive leaders throughout the country and the world. The Action Fund is also the home of the Progress Report.