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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Africa Europe Latin America Middle East North America Senators propose new approach to climate issue By H. JOSEF HEBERT,Associated Press Writer - Saturday, December 12 Send IM Story Print WASHINGTON – Two senators are proposing a new approach to tackling climate change. They want to reduce greenhouse gases by having the government sell pollution allowances to industry and then use most of the money to send tax-free monthly checks to every American. The checks would offset the higher cost of energy. The proposal in a bill introduced Friday by Democratic Sen. Maria Cantwell of Washington and Republican Sen. Susan Collins of Maine is an alternative to a more complex cap-and-trade climate proposal already before the Senate and approved by the House. Cantwell said her approach is a simpler way to reduce carbon pollution and boost clean energy alternatives. It is designed to cut emissions by 20 percent by 2020 and about 80 percent by mid-century. Recommend Send IM Story Print Related Articles Missing Yale employee is found near home AP - 2 hours 55 minutes ago Casey Anthony sobs at account of daughter's death AP - Saturday, December 12 Zimbabwe's Mugabe: Divisions destroying his party AP - Saturday, December 12 Text of divorce statements from SC first lady, gov AP - Saturday, December 12 Toby Keith stands by war before Nobel peace show AP - Saturday, December 12 News Search Top Stories US extends executive pay limits at 4 bailed-out firms Greek PM rules out appeal to IMF Iraq strikes deals with Big Oil on southern fields Goldman Sachs to pay bonuses in stock Britain, France unite behind bank bonus tax plans More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended New Russian missile failure sparks UFO frenzy Tiger Woods' girlfriend apologizes in TV interview Expel chocolate milk from school lunches: activist Goldman Sachs to pay bonuses in stock Giant iceberg spotted south of Australia More Most Viewed » Global stocks mixed amid Dubai debt crisis Tiny magnetic discs could kill cancer cells: study Virgin unveils spaceship to offer space tourism Mankind using Earth's resources at alarming rate Dubai blackout over debt plans to hit Gulf markets More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2009 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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