Friday, October 30, 2009

U.S. Senate Climate Bill Runs the Gauntlet of Opinions

Excerpt for the Environment News Services..

The U.S. Senate Committee on Environment and Public Works Tuesday began three days of hearings on a Senate climate bill to match the bill passed by the House in June.

From the outset, the committee members and the witnesses divided themselves into two camps.

On one side are those who worry about the impacts of climate change on the environment of the United States and the planet. They are convinced that limiting greenhouse gas emissions will stimulate economic growth, technological innovation and green job creation, and will be affordable for taxpayers and the government.

On the other side are those who worry about the impacts of curbing greenhouse gas emissions on the U.S. economy. They believe jobs will be lost and American prosperity will shrink if carbon dioxide emissions are limited, and they fear the entire exercise is unnecessary and too expensive.

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