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CapAndTrade
Cap-and-Trade Will Be Part of Senate Climate Change Bill
By Patricia Murphy - Politics DailySenate Majority Leader Harry Reid confirmed Tuesday that the Senate will soon debate a bill to reduce pollution and that the legislation will include a scaled back version House-passed language to reduce carbon output by charging some polluters for emissions above a certain threshold. Reid said that the bill is still in "rough draft form," but he gave an outline of what he plans to introduce in the Senate two weeks from now. Specifically, he said the bill will address four issues key to reforming the energy sector in the United States: responding to the oil spill in the Gulf of Mexico; ...
Washington in 60 Seconds: Obama and Tony Hayward, Together at Last
By Patricia Murphy - Politics DailyGood morning, Capitolists! If you listened carefully to the president's speech last night, you probably heard him promise that 90 percent of the oil spilling into the Gulf of Mexico will be captured by the end of the month. But you didn't hear him call for Congress to pass a bill now pending in the Senate that would put a price on carbon emissions, also known as cap-and-trade. Democrats on Capitol Hill and environmental groups are smarting over that omission this morning, - Hayward. Tony Hayward. After two months of giving BP the silent treatment, President Barack Obama will finally meet ...
Opinion: Corporations at the Cap-and-Trade Trough
By not in system - AOL News(April 26) -- When Sen. Lindsey Graham, R-S.C., threatened this weekend to pull back his support of a global warming bill he co-authored -- along with Sens. John Kerry, D-Mass., and Joe Lieberman, I-Conn. -- it looked as though the once-dead cap-and-trade bill could be dead again. That might be just as well. Unlike the previous cap-and-trade bills, the new bill, based on what's been reported by Mother Jones, has all kinds of new goodies for utility companies, oil companies and other corporate interests to gain their support. Indeed, if you can think of a big special interest group that would ...
Opinion: Silver Lining in Global Warming Scandals?
By not in system - AOL News(Feb. 18) -- It's been a bad few months for advocates of action to address climate change. Last week's discovery of typos and poor sourcing in the U.N. Intergovernmental Panel on Climate Change's 2007 report came just a few months after a reserve of stolen e-mails from East Anglia scientists showed that a few prominent climate researchers had tried to impede the publication of works by their detractors. Naturally, global warming skeptics have seized on these so-called "Climategate" stories to raise doubts about the science of global warming and demand that Congress suspend all efforts to ...
Cap-and-Trade Model Loses Billions to Fraud
By James Graff - AOL News(Dec. 10) -- As negotiators grapple in Copenhagen over a global scheme to curtail carbon emissions, Europe's own iteration was revealed as an easy mark for organized crime. The development could lend fresh ammunition to congressional critics of the Obama administration's plans to limit carbon emissions through a cap-and-trade system. Europol, the European Union's joint criminal intelligence agency, announced that in the last 18 months, criminals have gamed the EU's Emissions Trading System for a cool $7.4 billion in purloined tax revenues. The EU's ETS, the world's largest existing carbon ...
Opinion: Five Myths About Fighting Global Warming
By not in system - AOL News(Dec. 7) -- In the run-up to this week's U.N. global warming conference in Copenhagen, two events occurred that seemed to undermine the momentum toward a meaningful effort to reduce greenhouse gas emissions in the U.S. Last month, the Senate leadership announced that Congress wouldn't finish work on national emissions legislation in time for this week's U.N. conference in Copenhagen. Then, President Barack Obama decided to push a global treaty from this climate change summit to a later meeting in 2010. To some, these delays are a bad sign for efforts to mitigate greenhouse gases. Yet, that ...
Americans More Skeptical of Global Warming
By Bruce Drake - Politics DailyThe number of Americans who believe there is solid evidence of global warming has declined from 71 percent in 2008 to 57 percent, and those that see global warming as a very serious problem dropped from 44 percent to 35 percent in the same time period, according to a Pew Research Center survey conducted Sept. 30-Oct. 4. ...
Barbara Boxer: Cap and Trade Bill 'Like Giving Birth Again'
By Patricia Murphy - Politics DailyThe process began nine months ago and there have been severe labor pains along the way, so when Sen. Barbara Boxer compared introducing climate change legislation to giving birth Wednesday, she wasn't too far off. After seeing the House shove through its climate change bill in June, and watching Majority Leader Harry Reid push back the Senate's work on the issue, Boxer and Sen. John Kerry (D-Mass.) held a Capitol Hill press conference to unveil the Senate's version.Like the House bill, the Senate measure would increase investment in new, cleaner energy technology while also creating a ...
Obama Urges Climate Action at U.N., Avoids Specifics for U.S.
By David Sessions - Politics DailySpeaking at his United Nations debut in New York on Monday, President Obama urged world leaders act swiftly on climate change. "After too many years of inaction and denial, there is finally widespread recognition of the urgency of the challenge before us. We know what needs to be done," Obama told other heads of state at a summit on the issue. ...
Green Groups Try to Assuage Dems' Worries Over Cap-and-Trade Fallout
By David Sessions - Politics DailyEnvironmental groups are scrambling to convince Democratic lawmakers that a vote on cap-and-trade this year would not harm them politically. Attempting to suppress Democrats' doubts about pushing for another controversial vote now that the health care debate has proved long and bloody, groups that support cap-and-trade say they have spent the summer building the kind of grassroots support that health care reform did not have. Climate legislation advocates say they are deploying a "climate war room" -- funded by 60 labor, business, faith, agricultural and environmental groups -- to coordinate ...
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