Our friends at the Sightline Institute in Cascadia have put together a primer on the federal climate bill, aka the American Clean Energy and Security Act (ACES), aka Waxman-Markey, that passed the U.S. House of Representatives late last week. Cap and Trade 101 features what you need to know about cap and trade, pollution auctioning, offsets, and why national climate legislation is good for families. For one slightly technical analysis of the bill, also check out Sightline's blog post, "14 Things I Love - and 6 I Hate - About Waxman-Markey". Get ready for a showdown as this groundbreaking legislation is debated in the Senate in the fall.
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