(AP) — A key House committee has begun consideration of a Democratic bill to address global warming.

Rep. Henry Waxman of California, chairman of the Energy and Commerce Committee, said the nation is at a crossroad and can either continue reliance on fossil fuels, or shift to cleaner energy sources and reduce the risks of climate change.

A draft bill, hammered out in closed-door negotiations among Democrats and brought before the full panel Monday, would limit carbon dioxide and other greenhouse gas emissions. Waxman said it will create green jobs and revitalize a clean-energy economy.

Rep. Joe Barton of Texas, the committee's ranking Republican, said it will put the nation — in his words — "through an absolute economic wringer."

By H. JOSEF HEBERT and DINA CAPPIELLO