Later today, President Obama will meet with House Energy and Commerce Committee Chairman Waxman and Subcommittee Chairman Markey to discuss progress on the “American Clean Energy and Security Act of 2009.”
While this committee has held dozens of hearings on this legislation there is much disagreement among House members on whether to include a cap-and-trade system or to implement a carbon tax in the bill draft.
Housing-related provisions in this bill would promote energy retrofits in residential properties. These provisions align with the Administration’s goals to mitigate climate change.