Compromise climate-and-energy bill is unveiled in Senate

Sens. John Kerry, D-Mass., and Joe Lieberman, I-Conn., on Wednesday unveiled their climate-and-energy bill without co-author Sen. Lindsey Graham, R-S.C., who abandoned the plan in April. The bill seeks to impose industry-specific emissions caps, rather than an economywide limit, while providing incentives for nuclear power and offshore oil drilling. Senate Majority Leader Harry Reid, D-Nev., praised the bill and pledged to advance it this year but said it will need "significant" bipartisan support.

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