After guarding the details for months, on May 13, Senators John Kerry and Joe Lieberman introduced the American Power Act, the Senate’s version of a comprehensive energy bill. (Note that according to political insiders it is now passé to refer to anything as solely “cap and trade” in Washington). Approximately a month later, on June 15, EPA released its economic analysis of the act, comparing and contrasting it to the American Clean Energy and Security Act of 2009 (“ACES”), the energy bill that passed the House in June 2009. That bill was still in consideration in the Senate when Sen. Kerry and Sen. Lieberman proposed the… Read more