Democratic Rep. Paul Tonko of New York is working on a cap-and-trade bill to cut greenhouse gas emissions, Axios has learned. Tonko’s measure is the third comprehensive climate-change measure to surface in the last couple of weeks in the House.
The bottom line: These bills are very unlikely to get broad support any time soon, and they offer competing ways to address climate change. But the mere introduction indicates a thawing of sorts after a decade of mostly dormant policy in this space on Capitol Hill.
Tonko is the top Democrat on the environment panel of the powerful Energy and Commerce Committee, which has primary jurisdiction over the topic.