In a letter to Senate Majority Leader Harry Reid and Sen. Barbara Boxer, ten moderate Democrats who either voted against moving forward with the Climate Security Act this morning or who abstained from the vote presented a position statement critiquing the the Act as revised by Sen. Boxer and expressing concerns about its impacts to the economy.

The letter, signed by Sens. Stabenow (D-MI), Levin (D-MI), Lincoln (D-AR), Pryor (D-AR), Rockefeller IV (D-WV), Webb (D-VA), Bayh (D-IN), McCaskill (D-MO), Brown (D-OH), and Nelson (D-NE), identifies eight requirements for any future climate legislation:

1. Contain Costs and Prevent Harm to the U.S. Economy
2. Invest Aggressively in New Technologies and Deployment of Existing Technologies
3. Treat States Equitably
4. Protect America’s Working Families
5. Protect U.S. Manufacturing Jobs and Strengthen International Competitiveness
6. Fully Recognize Agriculture and Forestry’s Role
7. Clarify Federal/State Authority
8. Provide Accountability for Consumer Dollars

For further information about this topic, please contact Akin Gump.