Skip to comments.Senators try to raise climate bill from ashes (dropping cap-and-trade system being considered)
Posted on 01/28/2010 3:16:14 PM PST by NormsRevenge
WASHINGTON (Reuters) Senators are examining ways to fashion a climate control bill to reduce carbon dioxide emissions, which might not include a cap-and-trade system, key senators said on Thursday.
President Barack Obama called for a "comprehensive" bill during Wednesday's State of the Union address.
In his speech, Obama did not specifically mention the need for a market-based emissions cap. Some interpreted the omission as signaling that he would not actively pursue wide-ranging climate control legislation this year.
"Comprehensive climate change (legislation) means pricing carbon and setting a target for reduction," Senator John Kerry, a Democrat and one of three lawmakers leading difficult talks to hammer out a compromise climate bill, told Reuters.
Kerry strongly rejected the idea that progress had bogged down. "I just don't agree with that interpretation at all," he said, adding that Senate negotiations were "making headway."
Kerry said: "It's open to how you price carbon. People need to relax and look at all the ways you might price carbon. We're not pinned down to one approach."
Kerry and Republican Senator Lindsey Graham are working with Senator Joe Lieberman, an independent, to include incentives for nuclear, offshore oil drilling and clean technology jobs. Graham said the nuclear and oil drilling initiatives would not advance in the Senate "without dealing with the (carbon) emission part."
Meanwhile, Treasury Secretary Timothy Geithner said a tax credit aimed at encouraging investment in factories that make clean energy products would be expanded by $5 billion in Obama's upcoming budget request to Congress.
(Excerpt) Read more at news.yahoo.com ...
The beat goes on..
The correlation between CO2 concentrations in the atmosphere and the Earth's surface temperature. The United States on Thursday officially told the United Nations it will cut carbon emissions, predicting that Congress will move forward on climate change despite a tough political environment. (AFP/Graphic)
A construction crew paints a roof white in downtown Washington, DC, in this recent photo released on January 28, 2010. Painting all the world's city rooftops white could significantly cool urban areas and perhaps ease the impact of global warming, according to a climate study released on Thursday. REUTERS/Maria Jose-Vinas/American Geophysical Union/Handout (UNITED STATES - Tags: ENERGY SCI TECH)
How many roof painter jobs have been created or saved by the stimulus?
Under RICO, a person who is a member of an enterprise that has committed any two of 35 crimes27 federal crimes and 8 state crimeswithin a 10-year period can be charged with racketeering. Those found guilty of racketeering can be fined up to $250,000 and/or sentenced to 20 years in prison per racketeering count. In addition, the racketeer must forfeit all ill-gotten gains and interest in any business gained through a pattern of “racketeering activity.” RICO also permits a private individual harmed by the actions of such an enterprise to file a civil suit; if successful, the individual can collect treble damages.
The people at the top of the pyramid scam aren’t ever going to let go of cap and trade.
Its their precious.
Idiots could have gone for nuclear 20 years ago and the world would already be a cleaner place. Simple. Cheaper. Cleaner. They’d have everything they want so one has to ask what were their objections again?
The Dingbat Muslim president say do it and the Congress jumps up and says Yassuh Misser Bama Boy , we will get right on it.
Bamalamadingdong sure has them trained.
LOL @ Gollum
Let them go ahead and get involved in RICO.
You know the answer, nuclear power has be evil for decades.
Goldman Sachs didn't buy 10% of the exchange that will trade carbon credits (along with buying all of those politicians) for nothing.
If it’s just energy it might pass but they need to reign in the EPA and also make sure Waxman’s Manager Amendment is kept out. I shouldn’t need the federal government to determine where I place an electrical outlet in my house or be required to have one of their worthless bureaucrats decide if it’s energy efficient enough for them before selling it.
Has anyone seen this reported?