Kentucky leaders are watching the Waxman-Markey climate change and energy bill make its way through Congress. The bill carries provisions that would require utilities to meet efficiency and renewable energy standards. Kentucky Energy and Environment Cabinet Secretary Len Peters says it would also require emission reductions from businesses such as manufacturers.
“Manufacturing states are probably going to be hit disproportionately large. And somehow or another we have to recognize that the products we manufacture in Kentucky are not simply being consumed in Kentucky,” says Peters.
It’s not yet clear what kind of economic impact the bill could have on the Bluegrass state. A U.S. House Committee continues its consideration of the bill today and sponsors hope to have it ready for a vote before the Memorial Day recess.