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Markey Welcomes Release of Dingell-Boucher Climate Bill

FOR IMMEDIATE RELEASE

Contact: Select Committee, 202-225-4081

WASHINGTON (October 7, 2008) – Rep. Edward J. Markey (D-Mass.), Chairman of the Select Committee on Energy Independence and Global Warming and a senior member of the House Energy and Commerce Committee, praised the release of a discussion draft of climate legislation by Chairman John Dingell (D-Mich.) and Chairman Rick Boucher (D-Va.) as an important step towards the enactment of legislation to combat global warming in the next Congress.

Chairman Markey is the author of iCAP (H.R. 6186, the “Investing in Climate Action and Protection Act”), which would cut global warming emissions 85 percent by the middle of the century, set a price on heat-trapping emissions by auctioning 100 percent of pollution allowances, and re-invest the revenues from polluters back to consumers, clean energy technology development, and other key measures.

Below is the statement of Chairman Markey:

“The American people should be encouraged by the draft legislation released today by Chairman Dingell and Chairman Boucher. This draft recognizes that, to combat global warming and unleash a clean energy revolution, America needs to set long-term targets, protect consumers, and invest in energy efficiency and clean technologies.”

“The draft legislation lays out a range of options for structuring a cap and trade system that are likely to trigger a vigorous and healthy debate about how best to reduce global warming pollution. In the next year, I look forward to working with Chairmen Dingell and Boucher, our Energy and Commerce colleagues, and a new, climate-friendly administration as we put the American economy on a green road to recovery and finally solve the greatest challenge the planet has ever faced.”

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The House Select Committee on Energy Independence and Global Warming was formed by House Speaker Nancy Pelosi (D-CA) to increase the visibility and priority given to America's oil dependence and global warming challenges. It is chaired by Rep. Edward J. Markey (D-MA) and will actively explore the solutions, science and progress on these pressing issues during the 110th Congress.

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