Americans for Democratic Action - American Clean Energy and Security Act of 2009

Cap and trade is a clean energy dividend system that is a sensible approach to controlling greenhouse gas emissions.

A nationwide limit, or cap, would be instituted on the amount of pollution that can be released into the atmosphere. The limit would be higher initially and then lowered over time to allow companies time to plan ahead and also for developments in technology and green infrastructure.

Some companies will produce under their number of permits; others will find easy ways to reduce their pollution output. For the rest, another option exists—trading will allow companies to buy and sell allowances. This allows the low contaminant companies to turn the pollution cuts into revenue, while providing flexibility for other companies. It becomes a powerful incentive for innovation, energy conservation and investment.

Lobby your lawmakers to pass the American Clean Energy and Security Act of 2009.

Latest Action: June 26, 2009, The house is prepared to vote today.
May 21, 2009, The bill was approved by the House Energy and Commerce Committee.

• Establishes a clean energy dividend system to spur investment in clean energy technologies and new jobs in green technology and manufacturing.
• Sets a decreasing cap on greenhouse gas emissions at 17% below 2005 levels to be reached by 2020 and 83% by 2050.
• Requires that 20% of electricity come from renewable sources such as wind and solar.