The Lieberman-Warner full committee markup …
… will take place on Dec. 5 (sub. rqd.). Lieberman says he’s open to some changes, as long as they don’t splinter the coalition:
Lieberman said he didn’t expect the bill’s 2020 emission target (about 15 percent below 2005 levels) to change. But he added there may be consensus on tightening the 2050 limits that right now seek cuts of about 63 percent from 2005 levels. He also said he was open to moving up the 2036 date when power plants and other industry no longer receive free allowances for compliance with the cap-and-trade system.
“We want to create a process that allows as much input and improvement of the bill,” Lieberman said. “We want to make sure we have the votes to get it out of the committee. Those two things may go together.”
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