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Senators to Announce Major Climate Change Legislation Thursday

Feb 13, 2013
(The Nation)

Only an hour before President Obama is expected to deliver his State of the Union address—in which he might "go big" on the issue of combating climate change—two Senators announced they will introduce comprehensive climate change legislation this week, presenting a possible vehicle in the Senate for Obama's ambitions.

Senators Bernie Sanders and Barbara Boxer will outline the legislation on Thursday morning. Details are scant, though it's being billed as "major" and "comprehensive" legislation, and will have a carbon tax, per a statement from Sanders's office:

Under the legislation, a fee on carbon pollution emissions would fund historic investments in energy efficiency and sustainable energy technologies such as wind, solar, geothermal and biomass. The proposal also would provide rebates to consumers to offset any efforts by oil, coal or gas companies to raise prices.