Waxman to push carbon limits in conference if Senate falls short

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http://thehill.com/blogs/e2-wire/677-e2-wire/106515-wax...

House Energy and Commerce Committee Chairman Henry Waxman (D-Calif.) said he would “absolutely” seek to keep greenhouse gas limits alive in a House-Senate conference if the Senate approves energy legislation this summer that omits carbon provisions.

“It would be open in conference to consider because our bill has it,” Waxman told The Hill Wednesday.

Waxman authored a sweeping climate and energy bill that the House narrowly approved last year – it merges an “economy-wide” cap-and-trade system with other provisions to boost alternative energy and energy efficiency.

(snip)
“I would hope we can put a price on carbon,” Waxman said, arguing it would give the private sector the “right market signal” to development low-emissions technologies. “I would hope they would have it in the Senate bill, and I would encourage them to adopt it, either there or in conference,” Waxman said.