UPDATE 1-Senators outline compromise U.S. climate bill

Fri Dec 11, 2009 1:17am IST

(Adds background, quote from Senator)

WASHINGTON Dec 10 (Reuters) - U.S. senators outlined a compromise climate bill on Thursday that emphasizes energy independence, a move that could strengthen President Barack Obama's position at U.N. climate talks in Copenhagen next week.

The compromise between Senators John Kerry, a Democrat, Joseph Lieberman, an independent, and Lindsey Graham, a Republican, seeks to speed up the legislation, by casting it as a jobs and energy-independence bill.

"We are confident our climate legislation will keep American jobs in America," Lieberman told reporters, adding that the bill would get done.

The senators said a near-term target to cut U.S. emissions by 17 percent below 2005 levels was achievable and reasonable. Obama is expected to pledge the United States will cut emissions at about that level at the talks in Copenhagen next week.

A 17 percent target would be less than the 20 percent reduction that was proposed in an initial Senate bill written by Kerry and Democratic Senator Barbara Boxer of California. (Reporting by Ayesha Rascoe and Timothy Gardner)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

DEFENCE

REUTERS SHOWCASE

FCI Revamp

FCI Revamp

Govt begins revamp of Food Corporation of India to cut waste, tame prices  Full Article 

Banking Fraud

Banking Fraud

Govt probing alleged fraud in two state-run bank branches   Full Article 

New Metro Rail

New Metro Rail

Cabinet approves $1.4 bln new metro rail project   Full Article 

Gold Stagnation

Gold Stagnation

Fading volatility promises long period of gold stagnation  Full Article 

Onion Price

Onion Price

Cabinet cuts onion export price by 30 pct  Full Article 

Housing Policy

Housing Policy

RBI deputy gov says cbank tweaking policies for affordable housing  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage