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A carbon cap now seems to be beyond the greenest dreams of environmentalists, but is it possible that Senator Majority Leader Harry Reid’s energy bill will be more than just oil spill measures? It could happen. Though Reid had said last week that he wouldn’t be able to include a renewable energy standard (RES) in [...]
Expects lots of forthcoming post-mortems on comprehensive climate and energy legislation, which effectively died (for now) last week when Senate Majority Leader Harry Reid decided not to include a carbon cap or renewable energy standard on the stripped-down bill he intends to introduce this week. I’ve already had my say—today in the New York Times, [...]
Carbon cap-and-trade is dead—at least for this political lifetime. And while the circular firing squad among Democrats and greens has already begun, it’s worth taking a deep breath and remembering that there are other tools that can be used to deal with climate change. As TIME’s Joe Klein points out, the Supreme Court ruled more [...]
The headline has been written countless times, but this time it is true: carbon cap-and-trade of any sort will not come out of this Congress—and perhaps it never will. Instead of comprehensive economy-wide carbon cap that Senator John Kerry had urged—and that the House had already passed a year ago—or even the compromise utility-only cap [...]
