UPDATE: 10:00 p.m. See: Cap and trade vote full results (Final)

UPDATE: 8:26 p.m. Cap and trade bill passes in U.S. after historic vote

*******

UPDATE: As of Friday 5:25 p.m. EST the U.S. House of representatives continued debating the climate bill. A spokeswoman for the Office of Speaker Nancy Pelosi said she did not know the time when the vote would take place.

*******

The U.S. House of Representatives' vote on a major climate bill, the American Clean Energy and Security Act is streaming live in online video Friday.

The climate bill, set to be voted on between 3 p.m. and 4 p.m. EST would introduce a cap and trade system into the U.S. for the first time aiming to regulate emissions of greenhouse gases in the country.

Click here to watch live streaming by C-SPAN.

Democrats on its majority support the bill saying it will lead the country into the right path reducing dependence on foreign oil and increasing national security. Republicans oppose the bill saying it will skyrocket energy costs for consumers and cause job losses in America.

The climate bill aims to reduce greenhouse gas emissions 17 percent below 2005 levels by the year 2020. and 83 percent by 2050, from 2005 levels.