Date: June 26, 2009
Subject: Cap-and-Trade Emissions Limits
Description: The House passed a bill establishing a "cap-and-trade" program for limiting greenhouse gas emission. The program is a complicated system of emission allowances and auctions, but its effect would be to roll back CO2 emissions to 17 percent of current levels, at enormous cost to individuals and to the competitive position of the United States in the world.
Result: Bill Passed, 219-212
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