GreenEnergyForEarth.com – Alternative Energy News and Green Products

Jun 6, 2009 – The EPA may regulate carbon dioxide and other greenhouse gases under the Clean Air Act.  The House Energy & Commerce Committee has been having hearings while it considers a cap-and-trade bill to empower the Environmental Protection Agency to regulate greenhouse gases.  It has heard from numerous witnesses.  President Barack Obama supports a 100% auction of allowances, but he has not forcefully pushed for it.  Others say that certain industries face tough foreign competition and should receive allowances.  There is a draft bill being evaluated and discussed that was introduced by Henry A. Waxman [D-California] and Edward J. Markey [D-Massachusetts].  See the EPA and Congressional websites for further information.