Congress is poised to squander a historic opportunity to move closer to a clean energy future. The energy and climate bill moving through the U.S. House is based on a proposal from a group that includes Shell Oil, the coal-burning utility Duke Energy, and other corporate polluters.1 These firms — as well as Wall Street traders who call the bill’s carbon markets a "huge playground" where "bucks [will] be made"2 — are backing the bill.
This should be a red flag for progressives.
There's a simple reason polluting and irresponsible corporations support the Waxman-Markey bill: It showers them with hundreds of billions of dollars, but doesn't require them to reduce pollution fast enough to avoid devastating climate change impacts.3 Worse, the bill guts the EPA’s preexisting authority to use the Clean Air Act to reduce this pollution.4 That means the bill is actually counterproductive — enacting it into law would be a step backward. What we need from Congress is much stronger legislation that puts us on a path to the clean energy future President Obama talked about during his campaign.
An energy bill written by corporate polluters is not a solution. Please join us in fighting for change — use the form below to send a message to your representative today and demand a better bill.