GO TO BREAKING NEWS: October 7, 2008 -- 12:21 PM
1. CLIMATE: Dingell, Boucher release draft cap-and-trade bill
Two powerful House Democrats unveiled a long-awaited draft global warming bill today that will serve as a key guidepost for next year's Capitol Hill debate on climate, energy and economic policy.
In their 461-page page bill, Energy and Commerce Chairman John Dingell of Michigan and Energy and Air Quality Subcommittee Chairman Rick Boucher of Virginia propose a cap-and-trade system that would cover about 88 percent of U.S. heat-trapping greenhouse gas emissions. It includes restrictions on electric utilities, petroleum producers and importers, large industrial plants, producers and importers of bulk gases, natural gas and local distribution companies and geologic sequestration sites. Go to breaking news story #1
TODAY'S EDITION: Tuesday, October 7, 2008 -- 11:58 AM
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The new local power plant just might be your house
WHEAT RIDGE, Colo. -- The next power plant in your town might just be your neighbor's house, or yours. While a solar-powered house generates little electricity compared to an old-fashioned power plant -- a 500-megawatt plant sells about 3.9 billion kilowatt-hours per year -- many experts see what they call "distributed generation" adding up eventually to a substantial U.S. energy source. The possibilities have a few electric utilities eyeing houses, commercial buildings and industrial complexes as future energy generators. Go to story #1
