Wednesday, May 13, 2009
Democrats Reach Compromise On Climate Change Bill - FOXBusiness.com: "NEW YORK (MarketWAtch) -- Democratic leaders in the U.S. House of Representative have said they reached key compromises on proposed climate change legislation, according to reports. The new version would scale back the original target of a 20% reduction in carbon dioxide emission by 2020, and would also include less strict provisions on renewable power for utilities. House Energy and Commerce Committee Chairman Henry Waxman, D-Calif., and Rep. Ed Markey, D-Mass. announced a deal late Tuesday."