On May 12, Senators Kerry and Lieberman introduced their long awaited energy/climate bill, the “American Power Act.” Kerry and Lieberman introduced the bill with support from environmentalists, power production companies, and industrial interests, but without any Republican support, after Senator Graham removed himself as a co-sponsor several weeks ago, citing concerns about Majority Leader Reid’s decision to take up immigration reform before this bill.

Although passage of the APA is anything but assured, it does seem likely to provide the basis for Senate negotiations over energy/climate legislation, so it is worth understanding the bill’s highlights.