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Utilities endorse climate-change bill

Six electric companies plan to support a Senate bill to cut greenhouse-gas emissions to curb global warming.

The bill, cosponsored by Sens. Dianne FeinsteinDianne Emiel FeinsteinCoalition of 44 groups calls for passage of drug pricing bill An open letter to the FBI agent who resigned because of Trump Nunes 'memo' drama proves it: Republicans can't govern, they only campaign MORE (D-Calif.) and Tom CarperThomas (Tom) Richard CarperOvernight Regulation: EPA sued over water rule delay | House passes bill to ease ObamaCare calorie rule | Regulators talk bitcoin | Patient groups oppose FDA 'right to try' bill Dem senator questions EPA on stark decline in grant awards Green group backs Sens. Baldwin, Nelson for reelection MORE  (D-Del.), would establish a national “cap and trade” program to limit power-plant carbon-dioxide emissions by 25 percent by 2020 from current projections.

The companies are members of the Clean Energy Group, which has advocated for a carbon cap in the past. The Carper-Feinstein bill is the “most aggressive emission reduction bill supported by industry to date,” according to a news release.

The companies supporting the bill are Calpine, Entergy, Exelon, Florida Power & Light, PG&E Corp. and Public Service Enterprise Group.