Background:  Today, Senator Jeff Bingaman (D-NM), with original cosponsor Senator Max Baucus (D-MT) and Sheldon Whitehouse (D-RI), introduced the Natural Resources Climate Adaptation Act of 2009 (S. 1933) to protect communities, public health, and the economy by safeguarding our treasured lands, water, and wildlife from the impacts of global warming.

Statement by David Moulton, Director of Climate Change Policy

By David Moulton,  Climate and Conservation Funding Director

"We are greatly encouraged that, in his first address to Congress tonight, President Obama continued to stress his commitment to addressing global climate change — a looming, long-term, and potentially catastrophic threat to America’s economy, national security, and environment.

WASHINGTON - Although the crisis on Wall Street is dominating the news, a seemingly obscure on-line auction is taking a historic first step today toward solving a much greater long-term crisis: that of global warming caused by the burning of fossil fuels. Today, the Regional Greenhouse Gas Initiative (RGGI) holds a historic auction of carbon dioxide (CO2) emissions allowances.