After months of grueling hearings and deliberations, the House Energy and Commerce Committee passed the Waxman-Markey climate and energy bill by a vote of 33-25 on Thursday evening. It’s a landmark occasion, the first time a serious climate bill has made it this far in the House.
The bill would cut greenhouse-gas emissions about 17 percent below 2005 levels by 2020, and about 80 percent by 2050, while promoting renewable energy and energy efficiency.
“We are now one step closer to delivering on the promise of a new clean energy economy that will make America less dependent on foreign oil, crack down on polluters, and create millions of new jobs all across America,” said President Barack Obama in a written statement.
