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ARTICLE · 02 JUNE 2009

Weekly Climate Change Policy Update - June 1, 2009

Van Ness Feldman LLP
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The Memorial Day Congressional recess brought a bit of a respite in legislative activity on climate change in the House, leaving speculation and questions about what roles other House Committees will play on the Waxman-Markey bill and when the bill might reach the House floor . . .

United StatesEnergy and Natural Resources

Article by Kyle Danish, Shelley Fidler, Kevin Gallagher, Megan Ceronsky and Tomás Carbonell

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Commentary

The Memorial Day Congressional recess brought a bit of a respite in legislative activity on climate change in the House, leaving speculation and questions about what roles other House Committees will play on the Waxman-Markey bill and when the bill might reach the House floor . . . Agriculture state Members of Congress continue to target EPA's determination on calculating the indirect greenhouse gas emissions associated with corn ethanol. Senator Grassley now has a companion bill in the Senate to Representative Peterson's bill in the House . . . The World Bank found that the global carbon market nearly doubled in value in 2008 to $126 billion with approximately three-quarters of that value in the European Union Emissions Trading Scheme and about

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