Via The Hill:
Sen. Jeff Bingaman (D-N.M.) is floating climate-change legislation on Capitol Hill that he plans to introduce soon. A draft version of the bill has been circulated to several Senate offices and the Energy Information Administration (EIA) will release an analysis of the proposal Thursday, according to Bill Wicker, press secretary for the majority on the Senate Energy Committee. The senator will hold a hearing later this month.
The legislation would also include a cap-and-trade program and increased prices for pollution permits, according to rumblings in Washington. Not much more out there on it yet, but stay tuned.