Key senators, industry officials, senior advisers and cabinet members met yesterday with President Obama to talk about the upcoming Climate and Energy Bill. The bill has been largely put aside by Congress in favor of passing Healthcare legislation and yesterday’s meetings were an attempt by President Obama to get the bill moving. The talks highlighted the simple reason the bill is stalled: the Democrats are largely for a Climate and Energy bill and the majority of Republicans want to leave the “Climate” part out of it — mainly any kind of carbon capping or taxing legislation.
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2 Responses to “The Ins & Outs of the Upcoming Energy & Climate Bill and Why It’s Stalled”
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I dont see how anyone thinks that trade and cap is a good solution. Just because you have the money, doesnt mean you should be allowed to pollute. In the end the consumer pays for it anyways. I guess if you can pay enough money to get away with murder (OJ) anything is possible…
While I admire and respect these Members for coming together and participating in a real dialogue about the future of climate change legislation, I hope that a revenue-neutral carbon tax (the solution the overwhelming majority of economists and scientists agree is best) is being considered.