Two U.S. senators Wednesday unveiled a new climate and energy bill that makes some concessions to business and would change the way that the nation produces and uses electricity in a global drive for cleaner energy and to end climate-damaging emissions.
Sens. John Kerry , D- Mass. , and Joe Lieberman , I-Conn., said their "American Power Act" would protect the environment, add millions of jobs and reduce dependence on foreign oil.
The measure arrives as the oil spill in the Gulf of Mexico is revealing a hidden cost of the nation's dependency on oil and after President Barack Obama ordered a temporary halt in offshore drilling pending an inquiry into the causes of the drill rig explosion and spill.
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