Additionally, the emissions bill that would make the nationâs biggest carbon dioxide emitters start tracking and reporting to the government their emission levels is waiting for approval. If approved, the reporting would begin on the 1st of January. Furthermore, the emissions bill would require industries that emit carbon dioxide to reduce emissions or otherwise purchase credits that allow them to go over the maximum amount allowed established by the new law.
The bill is currently making its way through Congress. According to a recent Reuterâs article, the bill will most likely move through unless it is stopped by Waxman-Markey, which is the bill that forbids the EPA from being involved with carbon dioxide regulation.