Climate Legislation

In the first major study of how the Senate climate legislation would affect the economy, a non-partisan think tank indicated it would create new jobs and reduce American reliance on oil and coal while increasing usage of both nuclear and renewables.

The American Power Act climate legislation by Senators Kerry and Lieberman, unveiled May 12, does have fees that oil refineries must pay, but is it a stretch to call the bill a disguised gas tax? Edmunds.com analyses American Solutions charge.

Agriculture Secretary Tom Vilsack has ordered the revision of a forecasting model related to congressional climate legislation that makes the conversion of farmland to forests more lucrative than producing food.