Publication Date: June 2008
Publisher: Center on Budget and Policy Priorities (Washington, D.C.)
Author(s): Robert Greenstein; Chad Stone; Martha Coven; Matt Fiedler
Research Area: Environment
Keywords: Income diversity; Household income; Utilities costs
On June 2, the Senate began consideration of S. 3036, the Lieberman-Warner Climate Security Act of 2008. This is landmark legislation that would establish a cap on U.S. greenhouse-gas emissions — a critical step forward in the fight against global warming. It would do so without endangering future economic growth and prosperity. It is important, however, that lawmakers continue to work to improve the way that climate-change legislation protects low-income consumers, who are particularly vulnerable to the effects of higher energy prices.