Action Alert!
Climate change legislation currently being debated in Congress will prove a boon to the coal and oil industries, will fail to protect consumers and may very well not even curb global warming.
Lawmakers have conducted closed door negotiations with polluters.
The result: The bill was radically altered to accommodate the financial interests of big energy corporations while giving nothing new for the environment or for working families. Lawmakers have decided to give away most of the pollution allowances for free for the next two decades – an approach that would hurt working families and households the most. It will deprive the government of the money needed to invest in clean technologies and thwart the very goal of curbing global warming.
This is hardly the transformation this country needs to jump-start its economy and curb climate change. This is more of the same old wait-and-see, special-interest-bailout approach that has gripped Washington, D.C., for ages.
