The U.S. Senate Monday is scheduled to begin taking up a measure to impose mandatory cuts in greenhouse-gas emissions, a step that ultimately could create a new set of winners and losers in the world's largest economy.

Nuclear-power generators and producers of biofuels are widely considered winners under the bill, which is aimed at cutting emissions 66% below 2005 levels by mid-century. Coal-fired power plants, factories and airlines see themselves on the losing end of a system that would penalize companies for failing to find ways to operate more cleanly.

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