It’s official – cap-and-trade is dead … for now
The Senate just pulled the plug on including cap-and-trade, even on a limited basis (only utilities). Any energy bill will be a scaled back version not including climate change legislation.
Senate Democrats pulled the plug on climate legislation Thursday, pushing the issue off into an uncertain future ahead of midterm elections where President Barack Obama’s party is girding for a drubbing.
Rather than a long-awaited measure capping greenhouse gases — or even a more limited bill directed only at electric utilities — Senate Majority Leader Harry Reid (D-Nev.) will move forward next week on a bipartisan energy-only bill that responds to the Gulf of Mexico oil spill and contains other more popular energy items.
And, if the “drubbing” comes through – as it should – the possibility of that window opening again any time soon is poor.
But that doesn’t mean the Dems won’t at some point attempt it again – whether supported by the people or science.
I mean, look how many times they took a run at health care.