WASHINGTON (AFP) 1 April 2009 — The House of Representatives Tuesday received a draft

US representative Henry Waxman

bill for clean energy development that its authors claim would create millions of jobs and slash 2005 levels of carbon dioxide (CO2) emissions by 20 percent by the year 2020.

The American Clean Energy and Security Act of 2009 (ACES) breaks down into four sections dealing with renewable sources of energy, energy efficiency, global warming reduction, and a transition to a clean energy economy.

“This legislation will create millions of clean energy jobs, put America on the path to energy independence, and cut global warming pollution,” the draft bill’s co-sponsor, Energy and Commerce Committee Chairman Henry Waxman, said in a statement.

“This legislation will create clean energy jobs that can?t be shipped overseas, reduce our dependence on foreign oil, and make America the global leader in energy technology,” Energy and Environment subcommittee chairman and co-sponsor Ed Markey said in a separate statement.

“We will create jobs by the millions, save money by the billions, and unleash energy investment by the trillions,” he said, adding that one of the aims of the measure was “protecting American consumers.”

The draft proposed legislation by the two Democrats lays out targets for reducing global warming that are even more ambitious than those promised by President Barack Obama during his presidential campaign.

Source: Google News