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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

Green Car Congress

The proposal was drafted as two measures, the Climate Protection Act —which sets the carbon price and finance programs for sustainable technologies—and the Sustainable Energy Act —which ends federal support for fossil fuel companies and research and extends tax incentives for renewables. Bernie Sanders (I-Vt.)

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

The program will reduce emissions fifteen percent below 2005 levels by 2020. These recommendations call for an economy-wide program that would reduce emissions twenty percent below 2005 levels by 2020, and eighty percent below 2005 levels by 2050, though the 2020 target may decrease to eighteen percent if allowance prices increase too much.

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