Oil Spill Affecting Details of Global Warming Bill

Ad Feedback

The recent oil spill in the Gulf of Mexico is influencing long-promised legislation to curb global warming.

The bill unveiled Wednesday by Senate Democrats allows states to veto decisions by other states to drill for oil off their coasts. Opposing states must be able to show they would be significantly affected by an oil spill.

The legislation also requires a federal study to see if states could be affected either economically or environmentally by a leak.

Under the bill, states that drill would keep nearly 40 percent of the money generated. Currently, states collect no royalties.

The bill also aims to cut carbon dioxide and other emissions by 17 percent and would tax large emitters like coal-fired plants.

No Senate Republicans support the legislation.

Log in or create an account to post a comment.  

CBN IS HERE FOR YOU!

Are you seeking answers in life? Are you hurting? Are you facing a difficult situation?

Find peace with God, discover more about God or send us your prayer request.

Call The 700 Club Prayer Center at 1 (800) 823-6053, 24 hours a day.

A caring friend will be there to pray with you in your time of need.

 CBNNews.com

CBNNews.com

CBN News is a national/international, nonprofit news organization that provides programming by cable, satellite, and the Internet, 24-hours a day. Follow us on Facebook, Twitter, and Google+.