The Waxman-Markey bill was narrowly passed in the House late last month with a vote of 219-212, and is still under consideration in The Senate. The bill, which is titled ‘The American Clean Energy and Security Act of 2009 (ACES) aims to create jobs, increase domestic use of renewable energy and end American dependency on foreign oil. Read the full story

*i.e. “clueless,” for non-Brits

BusinessGreen posted an interesting blog piece yesterday about the energy strategy currently on the Department of Energy and Climate Change floor. The plan, which will be officially revealed tomorrow, is already expected to raise annual energy bills by about £200, a fact with which UK residents are less than pleased. Read the full story

Reuters offers another viewpoint on the carbon-cutting bill mentioned in the BICEP story a couple of days ago, reporting that the piece of legislation may help big businesses but provides little protection for consumers. Opponents of the bill speculate that instead of using the energy savings to lower rates, utility companies will keep the extra profit for themselves. Complicating the controversy is a provision that allows local power companies to buy “pollution permits.” The bill is expected to come to a vote before the House sometime in July.

Read the full story here.