The Washington Post reported today that “The Senate Environment and Public Works Committee will unveil a bill Wednesday that aims for a 20 percent reduction in U.S. greenhouse gas emissions from 2005 levels by the year 2020” The House bill, authored by Reps. Henry Waxman (D-Calif.) and Edward J. Markey (D-Mass.), would mandate cutting emissions 17 percent by 2020. Both measures would require an 83 percent reduction in greenhouse gases from the 2005 baseline by 2050.

Pfizer Agrees to $2.3 Billion Settlement
The CBS Evening News and the AAJ are reporting that Pfizer was hit with $2.3 Billion in fines for for violating federal drug marketing rules. Pfizer was accused of promoting the pain medication Bextra for uses that were not approved.