This Week on the Hill
With the Congress engaged in all health care all the time, things have quieted down substantially on the climate change front. The House, which passed its legislation before July 4, is waiting patiently for Senate action. Rather than being active on the issue, the Senate is taking a “wait and see” approach to the draft bill released by Sens. Boxer and Kerry.
The only hearing this week, of direct consequence to an eventual cap-and-trade bill, is in the Senate Energy Committee. There, Chairman Bingaman will be holding a hearing on the economic effects of climate change legislation. Experts from the Congressional Budget Office, the Energy Information Administration, the Congressional Research Service and the Environmental Protection Agency will testify.