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American Clean Energy and Security Act drawing mixed reviews

Published Tuesday, May 26, 2009

The passage of the American Clean Energy and Security Act (H.R. 2454) by the House Energy and Commerce Committee late last week is being heralded as a victory by some groups and a disaster by others. Among the most controversial of its provisions is a mandatory cap and trade system for carbon dioxide. The Coalition for Green Bank, a consortium of more than 60 leaders in energy development enterprises, including renewable resource developers, investors and financial advisors, issued a formal message of congratulations to the committee on May 22. The organization, which is dedicated to "unleashing ...

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