They're wheeling and dealing in Congress ahead of the holiday recess and Sen. Harry Reid, D-Nev. has made a deal with the GOP that may limit what the U.S. Environmental Protection Agency can do on carbon emissions, for at least a year. Reid, as part of a deal on a bill to boost the nation's debt limit, is going to allow a Republican amendment that would suspend new emissions rules proposed by EPA. The suspension would be a temporary move.
Recently, EPA moved to regulate carbon emissions as a pollutant, a measure that is opposed by Republicans. Wire reports point out that Republicans are not alone in their concern about the move to regulate greenhouse gases
The one-year delay in the regulations would be the start of a more formal review of the issue by Congress. The EPA has triggered a process of regulating greenhouse gases across industries through the Clean Air Act by declaring those emissions a public danger. A range of groups is opposed to the move saying such regulation could cripple the economy.
Apparently, EPA's efforts are aimed at pressuring Congress into crafting a more economically efficient way to curb emissions, according to a Dow Jones report.
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