Whats happening in the US House of Representatives?
Despite the many benefits derived from Canada/US oil trade, Washington has chosen not to highlight the importance of its historically unique relationship with Ottawa. Instead of working closely with its neighbor, key US legislators have framed the energy discussion in unfriendly terms that hint at reducing US emissions at Canada’s expense. Since the emergence of the American Clean Energy and Security Act, otherwise known as the Waxman-Markey bill, the wheels have been set in motion for mandatory green house gas (GHG) controls. Fathered by both the Chairman of the House Committee on Energy and Commerce, and the Chairman of the Subcommittee on Energy and Environment, the bill seeks to reduce US emissions by 17 percent below 2005 levels, by the year 2020. According to The Economist magazine, the bill’s reduction targets are low compared to those of other rich countries; however, they mark a sharp departure from the status quo in the United States. What’s happening in the US Senate? Meanwh