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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-21-08 11:39 AM
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Waxman Win Called "Sea Change" For Climate Bill

Waxman Win Is Boon for Environmentalists, Bust for Utilities

By Lorraine Woellert


Nov. 21 (Bloomberg) -- A wall-sized poster of Earth hangs in the House Energy and Commerce Committee, an image that Chairman John Dingell once boasted showed the reach of his panel.

Dingell will no longer rule the planet. House Democrats yesterday handed the committee's gavel to Representative Henry Waxman, 69, a Californian who promises a different agenda for a panel that touches nearly every sector of business -- climate change, health care, telecommunications and trade.

Energy providers such as Allegheny Energy Inc. and Exxon Mobil Corp. and polluting industries including carmaker General Motors Corp. and Dow Chemical Co. will be most affected by the leadership shift. Waxman, whose district includes Beverly Hills, has long been at odds over environmental issues with Dingell, 82, a Dearborn, Michigan, lawmaker who during his 52 years in Congress has defended automakers and their unions.

``The champion of the environment has replaced the champion of the automotive industry,'' said Daniel Becker, an environmental lawyer and director of the Safe Climate Campaign in Washington.

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http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aSo6f7wKZO7Y



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