Articles
Moderate House Dems unveil 'market-based' emissions plan
Washington,
August 7, 2019
E&E News |
A coalition of moderate Democrats is backing a climate plan that could draw interest from the business community for relying on carbon pricing and other market-based approaches to reach net-zero emissions by 2050. The House's New Democrat Coalition, a caucus of about 100 centrist Democrats, released its principles today for addressing climate change, which the group called "a threat to the health, national security, economic prosperity, and future of our people and planet." The 11-page document does not endorse any specific legislation but stresses the economic cost of inaction at more than $500 billion by the end of this century. |