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Industry groups condemn climate bill passed by House
07/06/2009
Oil and gas associations generally condemned the climate-change bill narrowly passed by the US House of Representatives on June 26.“In approving the Waxman-Markey climate bill, the House has chosen to ignore the legislation’s harmful effects on American consumers, businesses, and the economy,” said American Petroleum Institute Pres. Jack N. Gerard. “At a time when America is trying to recover from a serious recession, the House has approved legislation that would cost energy users billions of dollars and add new stress to the economy.”House Energy and Commerce Committee Chairman Henry Waxman (D-Calif.) and Ed Markey (D-Mass), chairman of the Select Committee ...
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