Climate Change Bill Introduced in U.S. Senate

Yesterday, Sen. Barbara Boxer (D-CA) introduced a climate change bill. This legislation will require states to use 10 percent of their allocations from a new cap and trade system to reduce transportation-related emissions. A similar bill in the House would allow up to 10 percent for transportation projects, but not require it.

At least five Senate committees are expected to exert jurisdiction over the climate change bill. Thus, the text released yesterday is subject to a lot of changes. We will keep everyone updated as these move along.