(Reuters) – The climate bill unveiled by U.S. Senators John Kerry and Joseph Lieberman on Wednesday would reward many businesses for cutting output of greenhouse gases but could add costs for those who do not.
Kerry and Lieberman hope that companies who see opportunities in energy conservation and low-carbon power will convince lawmakers to support the bill which needs 60 votes to pass.
Utilities such as FPL Group, Duke Energy and Exelon have lobbied alongside environmental groups for the climate bill as has General Electric, a manufacturer of clean coal and natural gas systems for power plants and wind turbines.
Here are some initial reactions to the bill from companies and business groups: