Yes, it would go to a conference committee. The Senate environment and public works committee started with the Waxman-Markey bill, or the ACES bill, if you will, so that large portions of it are almost identical and would not present problems in a conference. But there obviously would be differences that have to be sorted out, and the result of that conference committee has to go back to the Senate and the House to be ultimately voted on.
On November 24th, 2009. See this statement in context.