The second day of markup on the Waxman/Markey American Clean Energy and Security Act (H.R. 2454) saw a series of amendments from opponents designed to weaken the green economy bill fail in a series of votes. The debate on amendments will continue today and the sessions appear on track to get the bill voted out of committee before this weekend. As the committee discusses the landmark legislation, the Center for American Progress released an analysis of new numbers from the Union of Concerned Scientists showing that households and businesses will save money on their electricity and natural gas bills if …

This post is co-written with Sean Pool. As the House Energy and Commerce Committee deliberations continue on the American Clean Energy and Security Act, H.R. 2454, opponents have made a number of wild charges about the cost of the bill. These claims are false. A new EPA analysis found that “compared to the draft bill, H.R. 2454 would likely result in lower allowance prices, a smaller impact on energy bills, and a smaller impact on household consumption.” Committee opponents made a range of histrionic claims about cost, often citing partisan studies such as Heritage Foundation analyses, or a discredited study …

By Daniel J. Weiss, Daniel Wagener 1. The Waxman-Markey bill will create jobs by spurring investment in renewables and efficiency. 2. Boosting investments in low-carbon energy will help the United States regain the lead in the manufacture and sale of clean-energy technologies. 3. The global warming threat is growing, and we have no more time to lose. 4. The bill would cut greenhouse gas emissions enough to equal pollution from half a billion cars. 5. It would increase new building efficiency by 50 percent. 6. It limits impact from energy costs on families and would make emitters pay to pollute. …

At 1:00 p.m. EDT today the House Energy and Commerce Committee will begin its deliberations on the American Clean Energy and Security Act, H.R. 2454, sponsored by Committee Chair Henry Waxman (D-CA) and Energy and the Environment Subcommittee Chair Ed Markey (D-MA). The committee plans to debate and vote on amendments this week with a goal of passing the bill before the Memorial Day recess begins on May 22. This is the first time that any House committee has even considered a global warming pollution reduction bill, let alone passed one. The bill would create millions of clean-energy jobs while …