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House Chairmen Waxman, Markey Release Draft of Energy and Climate Legislation; Among the Many Provisions Are Cap-and-Trade, Harmonization of CAFE and California Vehicle Regulations, and Low Carbon Fuel Standard

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The bill also modifies the Clean Air Act to require the development of greenhouse gas emissions standards for all other mobile sources—e.g., Within three years of enactment, the EPA would need to determine the lifecycle greenhouse gas emissions of all transportation fuels and determine the fuel emission baseline.

Climate 186