The Bill supposedly was about energy and emissions and is still labelled as such (“ACES”).

Assuming a need to deal with emissions,
Electricity Generation (coal, gas) and Transport (mainly automobiles) alone account for nearly 80% of fuel combustion emissions.

No Trade Problems
Unlike Cap and Trade, which involves cement, steel and other industries having to face imports from unregulated countries, the here suggested electricity and transport changes are not just more limited, but also largely local.

Funding and Impact
Equity and long term loan finance can be used: Long term industrial loans from financial institutions, particularly if federal/state guaranteed, give low yearly interest repayments and lessen the effect on electricity bills or transport cost.

The impact on the businesses is further lessened by the stability and predictability surrounding the funding.
Since only electricity and transport are involved, other business continues as usual and consumers and society in general are spared expense and disruption.
This is even more obvious from having no energy efficiency regulation either – see below.

Compare with
today’s all-encompassing Cap and Trade (emission trading) suggestions, with unpredictability, expense, and needless disruption from normal business practice on one hand, or unnecessary profiteering from free allowance handouts with little actual emission reduction on the other hand – together with extensive regulation on what people can or can’t buy and use.

Understanding Cap and Trade, and why it is bad for America and bad for lowering emissions http://ceolas.net/#cce5x

Market Reduction of CO2: Cap and Trade – or Not?
Basic Idea — Offsets — Tree Planting — Manufacture Shift — Fair Trade — Surreal Market — Real Market — Allowances: Auctions + Hand-Outs — Allowance Trading — Companies: Business Stability + Cost — In Conclusion

Instead, A New Electric America: http://ceolas.net/#cc10x onwards