Sen. Richard G. Lugar, R-Ind., plans to introduce new energy and climate legislation next week that is focused on cutting power plant emissions associated with GHGs, Reuters reported. The goal of the Lugar bill would be to "achieve about half of the 17 percent cut from 2005 levels in carbon emissions by 2020 proposed" by President Obama. The newswire said that for "heavy-polluting coal-fired power plants, they would be excused from investing in expensive scrubbers over the next few years and in return would voluntarily retire the plants in 2020."
Wrote Reuters: "Absent from Lugar's bill will be any new cap and trade system for carbon pollution permits, an idea that anchors climate change legislation passed nearly a year ago by the House of Representatives and included in a draft bill presented by senators John Kerry and Joseph Lieberman on May 12."
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