Reid introducing pared-down energy bill

Senate Majority Leader Harry Reid, D-Nev., is introducing energy and oil spill legislation after deciding to give up on a broader bill that would cap greenhouse gases.

The new bill being unveiled Tuesday has provisions aimed at improving oil spill responses and holding spillers accountable, and increasing funding for the Oil Spill Liability Trust Fund.

After meeting with congressional leaders earlier Tuesday, Obama endorsed the scaled-down Senate bill that addresses the Gulf Coast oil spill and “new clean energy jobs,” but called it “only the first step,” USA TODAY’s the Oval reports.

“I intend to keep pushing for broader reform, including climate legislation,” Obama said, “because if we’ve learned anything from the tragedy in the Gulf, it’s that our current energy policy is unsustainable.”

The Associated Press