Wednesday, April 21, 2010 10:17 AM
Need-To-Know Memo, April 21
By Christopher Snow Hopkins, NationalJournal.com
1) Sen. Lindsey Graham, R-S.C., said the climate and energy bill emerging in the Senate will pre-empt the EPA's authority to regulate greenhouse gas emissions, expand offshore drilling, triple government-backed loan guarantees for the nuclear industry, and revamp the permitting process (Politico).
2) The Senate trio writing the bill is expected to award electric utilities more free allowances than they got in last year's Waxman-Markey bill (Environment & Energy Daily -- subscription).
3) "Sens. Susan Collins, R-Maine, and Mark Udall, D-Colo., signaled their support" on Tuesday "to bring an energy-only bill to the Senate floor and then hold a debate on legislation that prices carbon emissions" (NationalJournal.com).
4) "Three Senate Democrats are denouncing a proposal that would direct a portion of revenues from offshore drilling to coastal states, highlighting another potential fault line in the delicate effort to piece together votes for a bipartisan compromise on climate legislation" (Politico).
5) Vice President Joe Biden is expected to award $452 million in "Retrofit Ramp-up" grants to 25 communities today to kick off five days of Earth Day celebrations (Washington Post).
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