By DINA CAPPIELLO, Associated Press Write

Excerpt:

WASHINGTON – Democrats are fighting over control of the House Energy and Commerce Committee and the outcome could affect President-elect Obama’s efforts to limit the heat-trapping gases blamed for global warming.

Obama has said he wants to act quickly on climate change. But bipartisan support could be tested if liberal California Rep. Henry Waxman unseats the chairman, Rep. John Dingell, D-Mich. The committee’s top Democrat for 28 years, Dingell is an ally of important of automakers and electric utilities.

The committee will take the lead on legislation to cap greenhouse gases and establish a multibillion-dollar market in carbon dioxide. Companies would buy and sell the right to pollute.

Last month, Dingell and Rep. Rick Boucher, D-Va., released a draft of a global warming bill for reducing greenhouse gases by 80 percent by 2050. That reduction is in line with what Obama has proposed.

Source – Yahoo! AP

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