The world is still waiting with bated breath for climate legislation from the House Energy and Commerce Committee, where chair John Dingell (D-Mich.) and Energy and Air Quality Subcommittee chair Rick Boucher (D-Va.) are supposedly collaborating on bill. In the meantime, the committee has been issuing a series of “white papers” on climate legislation.
Last week they released their fourth installment [PDF], “Getting the Most Greenhouse Gas Reductions for Our Money,” which discusses ways to keep costs as low as possible while still achieving the environmental goals of climate legislation, i.e., cost containment. You can also read Dingell’s corresponding memo to colleagues.
“One of the committee’s goals in designing a comprehensive climate change program is to achieve the necessary greenhouse gas reductions for the least cost and the with the least economic disruption,” writes Dingell.
It’s super-wonky reading, but it gives you a sense of where Dingell and Boucher are on climate legislation.