Reuters reports that Senators Kerry, Graham, and Lieberman may release their long-awaited climate change bill (KGL Bill) next week, after months of trying to find the “sweet spot” for industry and environmentalists, and Democrats, and at least a few Republicans. One critical question is what will become of state programs like the Regional Greenhouse Gas Initiative in the Northeastern states and the California climate program, as well as the Western Climate Initiative and the Midwestern Climate Accord, which are the two other multi-state climate programs under development.

Interesting that the bill’s drafters are across the political spectrum with one R, one D, and one I. This should be interesting to watch.