Rep. Henry Waxman (D-Calif.), the committee chairman, and Rep. Edward Markey (D-Mass.), chairman of the Energy and Environment Subcommittee, have introduced a draft version of the “American Clean Energy and Security Act” that includes a cap and trade scheme.

Student activists who favor global warming legislation are accusing former House Speaker Newt Gingrich of changing his position in anticipation of his testimony today before House Energy and Commerce Committee.