National (U.S.)

House Dems Reach Partial Deal, Soften Climate Bill

Marathon negotiations seem to have produced a deal on key points of climate-and-energy legislation among House Democrats. Energy Committee Chairman Henry Waxman (D-CA) announced late Tuesday that he though he had enough votes to pass the compromise. It reportedly gives away about half of the CO2 credits to utilities and other heavy industry -- instead of auctioning them.

Source: NYTimes, 05/13/2009

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