Article by Kyle Danish, Shelley Fidler, Kevin
Gallagher, Megan Ceronsky and Tomás
Carbonell
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Commentary
Chairmen Waxman and Markey reached an agreement with
moderate Democrats last week and released a new, 1,000 page version
of the American Clean Energy and Security Act (ACES). The
compromise ACES incorporates a more lenient mid-term emissions cap,
a moderated renewable electricity standard, allocation of
transitional allowances to industry, and some liberalization of
offset requirements. The compromises clear the way for a mark-up
this week in the full Energy and Commerce Committee. In light of
their agreement, it will be interesting to see what amendments to
that agreement will pass. The Republicans, for their part, have
worked up hundreds of amendments . . . The Senate Energy and
Natural Resources Committee reached agreement on a transmission
siting
