Energy

Monday, March 1, 2010 9:07 AM

Need-To-Know Memo, March 1

By Amy Harder, NationalJournal.com

1) A draft climate and energy proposal crafted by Sens. John Kerry, D-Mass., Lindsey Graham, R-S.C., and Joe Lieberman, I/D-Conn., will be circulated this week. It will include a carbon pricing mechanism that targets different parts of the economy in different ways (Environment & Energy Daily -- subscription).

2) Senate Republican Conference Chairman Lamar Alexander of Tennessee signaled Sunday that he is open to supporting the climate and energy plan Kerry, Graham and Lieberman are proposing (The Hill).

3) EPA and state regulators are grappling with repercussions from two recent Supreme Court cases that have left unclear what waterways are protected by the Clean Water Act. As a result of the cases, thousands of polluters are not being prosecuted (New York Times).

4) The U.N.'s Intergovernmental Panel on Climate Change said over the weekend it is appointing an independent committee to review how it conducts its reports (Wall Street Journal). The U.N. made a similar announcement Friday (Reuters).

5) "China is starting to prepare for the commercial and strategic opportunities arising as global warming melts the polar ice cover in the Arctic, an international peace research group said" today (AP).

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