House Passes Landmark Climate Bill. Stage is Set for Senate Action. EDF President Fred Krupp released the following statement:
Today's vote is a huge achievement for the country and the climate, and we applaud Speaker Pelosi, Chairmen Waxman and Markey, and all members of the House who helped craft this landmark legislation and get it passed.
The bill that emerged from the House has the fundamental structure needed to significantly reduce carbon pollution while growing the economy. It puts strong cap on emissions and reorients the energy market to make low-carbon power the goal. It ensures that utility rates will stay affordable and a competitive playing field for U.S. companies.
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