The American Clean Energy and Security Act of 2009 (H.R. 2454) includes a cap-and-trade system requiring companies to buy carbon emissions permits from the federal government, and it sets targets to reduce greenhouse gas emissions by 17 percent in 2020, by 42 percent in 2030, and by 83 percent in 2050.  The bill is designed to create clean energy jobs, achieve energy independence, reduce global warming pollution and transition to a clean energy economy. The Bill is expected to be brought to a vote in the U.S. House of Representatives on Friday, June 26, prior to Congress’s Fourth of July recess.