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High Level Meetings on Climate Bill Held
Published Wednesday, March 10, 2010 at 04:49 AM
On Tuesday, a bipartisan trio of Senators working on writing a climate bill meet with the heads of trade groups whose industries would be affected profoundly by any new law regulating carbon emissions. Senators John Kerry, Joseph Lieberman and Lindsey Graham met with leaders of the American Petroleum Institute and the Edison Electric Institute, and a representative of the Portland Cement Association, among others.

Later, President Obama called a bipartisan group of 14 Senators to the White House to discuss the issues. Kerry, Lieberman and Graham were included in that meeting. Others are viewed as being crucial swing votes on a Senate climate bill.

Under a - sector by sector - approach, electric utilities and manufacturing would be subject to separate caps, while carbon-based fuels would be subject to a new tax. This approach appears to be winning tentative support from some industry groups.

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