Cap-and-trade placed on back-burner

The Senate is pushing back action on cap-and-trade:

The leading Senate committee responsible for developing the climate change legislation has delayed by at least a month its crafting of a bill, leaving less time for Congress to fulfill Obama’s desire to enact a law this year.

“We’ll do it as soon as we get back” in September from a month-long break, Senate Environment and Public Works Committee Chairman Barbara Boxer announced.
[…]
Senator Charles Grassley, the senior Republican on the Senate Finance Committee, which also has a significant role in developing the climate legislation, was more pessimistic. “I don’t even expect it to come up this year” in the Senate, he told reporters.

Senate Majority Leader Harry Reid has said he wants the full Senate to debate a climate change bill this fall. But since the chamber could be preoccupied at least through October with legislation expanding healthcare to some 46 million uninsured people, the environmental bill may get crowded out.

Even though Democrats control 60 of the 100 seats in the Senate, there are enough moderate Democrats who might not support a climate change bill. So several Republican votes will likely be necessary for passage, according to analysts.

While the health care bill is getting attention in both chambers of Congress, you can attribute this to the reaction of Americans towards cap-and-trade who have slammed the switch boards in Washington.

 

Twitter


The views and opinions expressed by individual authors are not necessarily those of other authors, advertisers, developers or editors at United Liberty.