Friday, June 26, 2009

UPDATE 1-U.S. House poised to pass climate change bill | Markets | Reuters



UPDATE 1-U.S. House poised to pass climate change bill | Markets | Reuters: "WASHINGTON, June 26 (Reuters) - The House of Representatives is scheduled to vote on Friday on one of the most significant environmental bills in U.S. history -- a sprawling measure that aims to wean industry off of carbon-emitting fuels blamed for global warming.

Democratic leaders were working hard to ensure there were at least 218 votes in the 435-seat House to pass the legislation that is a high priority for President Barack Obama.

There was evidence they had made progress, as the legislation was scheduled for a debate and vote by the full House, a move that usually indicates supporters were confident they can secure the necessary votes.

House Speaker Nancy Pelosi, welcoming German Chancellor Angela Merkel to the Capitol, said she was hopeful the climate change bill would pass and she praised German leadership on combating global warming."

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