But the Lieberman-Warner bill isn't the only "cap-and-trade" proposal floating around on Capitol Hill these days, so why is it making waves?

FORBES: Magazine Article

In 2008 another piece of major legislation was introduced: the Lieberman-Warner bill, which would implement a nationwide cap-and-trade program on carbon emissions.

FORBES: Magazine Article

Messrs Lieberman and Warner have also agreed to set aside a bigger share of the government's revenues from auctioning permits to help the firms and consumers hardest hit by the new regime.

ECONOMIST: Pollution law

He's talking mainly about the United States Climate Action Partnership, a broad coalition of conglomerates, environmental organizations and businesses including DuPont, ConocoPhillips, FPL Group and Ford Motor Co.. Last week the group sent a letter to Lieberman and Warner, generally voicing support for their proposal.

FORBES: Magazine Article

Although the U.S. Congress is likely to impose a cap-and-trade system after the presidential election later this year, proposed legislation by U.S. senators Joseph Lieberman and John Warner would limit the value of foreign credits by allowing U.S. companies to use them to cover only 15% of their emissions.

FORBES: Magazine Article

The Climate Security Act (S. 2191) began debate in the Senate on June 3rd, 2008, and is sponsored by Senators Joe Lieberman (D-CT) and John Warner (R-VA), respectively.

CENTERFORSECURITYPOLICY: Hindsight to augment our foresight