April 14, 2010
HALON ALTERNATIVES RESEARCH CORPORATION
FROM: TOM CORTINA
SUBJECT: SENATE CLIMATE BILL
The climate and energy bill being drafted by Senators Kerry (D-MA), Graham (R-SC), and Lieberman (I-CT) is expected to be released next week. It is being described as a sector-by-sector approach that would include a cap on CO2 emissions from utilities in 2012, some type of carbon tax on transportation fuels, expanded oil and gas exploration, incentives for nuclear power, and possibly a phased-in cap on manufacturing emissions starting in 2016.
It is our understanding that the bill will include regulation of HFCs, with similar provisions as the House and Senate bills from last year. We will provide a full analysis of the bill once it is released.