Welch supports, House committee passes historic climate change bill |
Monday, 29 June 2009 19:00 |
Bill includes Welch provisions based on Vermont successes The House Committee on Energy and Commerce Thursday night passed the American Clean Energy and Security Act of 2009 - historic legislation capping carbon emissions, investing in energy efficiency and renewable energy, and creating millions of green jobs nationwide. H.R. 2454 will cut global warming pollution 83 percent by 2050 and establish a renewable energy and efficiency standard of 20 percent by 2020. The legislation is expected to create more than 5 million jobs throughout the United States, according to a Center for American Progress study, and generate $750 billion for consumers, according to a Point Carbon study. "Tonight we set our nation on a course toward a new energy future. Not only does this bill finally recognize the perils our planet and our economy face because of our changing climate, it provides a series of solutions that will make America stronger," Welch said. "This legislation represents a historic step forward in our efforts to cut carbon pollution, create green jobs and move our country toward energy independence." H.R. 2454, which was authored by Energy and Commerce Chairman Henry Waxman and subcommittee chairman Edward Markey, includes several provisions authored by and advocated for by Welch - including a national energy efficiency retrofit program modeled on Vermont's leadership. Welch successfully included in the bill:
According to the Center for American Progress, the Waxman-Markey bill could inject $107-640 million into Vermont's economy and create thousands of jobs in Vermont in the coming years. |