The Climate bill approved by the House of Representatives in June was had more set goals, albeit less aggressive, than the bill just proposed in the Senate. The new Senate bill includes 20% reduction of CO2 emissions by 2020 (as compared to 2005 levels) and 83% reduction by 2050. Both bills also propose cap and trade programs that would allow industries to trade carbon credits with the ultimate goal of cleaning the air as well. The House Bill also includes a target of 12% production of electricity from renewable sources by 2020. In addition, buildings must be 30% more efficient by 2012 and 50% more by 2016.
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