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Senators seen ditching cap and trade in new bill [Lindsey Graham declared "cap-and-trade is dead"..]
Reuters ^

Posted on 02/27/2010 2:26:35 PM PST by Sub-Driver

Senators seen ditching cap and trade in new bill Photo 5:12pm EST

By Russell Blinch

WASHINGTON (Reuters) - Three senators are seeking to radically overhaul stalled climate legislation by proposing to dump broad cap-and-trade provisions and take a sector by sector approach to cutting greenhouse gas emissions, a White House official and leading U.S. newspaper reported.

Despite strong doubts a climate bill is possible in this election year, Senator John Kerry, a 2004 Democratic presidential nominee, vowed last week to press ahead with a compromise climate bill that he said would win broad support.

The new bipartisan bill could target individual sectors and move away from a system used in Europe and hotly debated in the United States in which companies would be forced to buy and sell the right to pollute, a process that caps and eventually reduces emissions blamed for heating the earth.

"Senators (are) considering sector by sector, market based measures as a means to reduce emissions," an administration official said.

According to the Washington Post on Saturday, Republican Senator Lindsey Graham declared "cap-and-trade is dead" in a private meeting with several environmental leaders this week.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: 111th; bho44; capandtrade; doa
So much for Barry's agenda.......
1 posted on 02/27/2010 2:26:35 PM PST by Sub-Driver
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To: Sub-Driver
The new bipartisan bill could target individual sectors

What the heck does that mean?

2 posted on 02/27/2010 2:28:48 PM PST by savedbygrace
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To: Sub-Driver

The Democrat climate bill.

Proposing a better climate in which left-wing revolutionaries can thrive. (Scu&bags in action.)

IMHO


3 posted on 02/27/2010 2:28:53 PM PST by ripley
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To: Sub-Driver

They will just change the name.


4 posted on 02/27/2010 2:28:54 PM PST by screaminsunshine (i)
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To: Sub-Driver
Gasoline might face a carbon tax,

Too bad the air-heads can't get the CO2 gas nonsense out of their minds.

5 posted on 02/27/2010 2:29:52 PM PST by Need4Truth (We can't afford the empire or the entitlements.)
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To: Sub-Driver

“What I’ve said is that we would put a cap-and-trade system in place that is more — that is as aggressive if not more aggressive than anybody else’s out there, so if somebody wants to build a coal-powered plant, they can, it’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted.” ~ Obama

You lose, loser!


6 posted on 02/27/2010 2:30:44 PM PST by incredulous joe (Plan to be spontaneous tomorrow.)
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To: Sub-Driver

“...a sector by sector approach to cutting greenhouse gas emissions,...”

Let’s see, how’s about we start by cutting greenhouse gas emissions from the lips of the governmental sector (legislative, executive and regulatory).

I suspect that’ll solve most of our problems, and we should then be able to leave all the other sectors alone to do their jobs without a lot of interference from DC.


7 posted on 02/27/2010 2:31:09 PM PST by Stosh
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To: Sub-Driver
Dear Lindsey Graham; This Climate Bill is an anti-growth attack on productive American industry - based on a now repudiated Scientific Fraud!

Drop it now!

8 posted on 02/27/2010 2:32:06 PM PST by jd777
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To: Sub-Driver
The only downside to Cap'n Tax being dead is that the economy might start to recover faster. As long as it's still in the toilet until after the November elections, we'll probably be okay.

SARC/

9 posted on 02/27/2010 2:33:29 PM PST by FlingWingFlyer ("Suitcase Jake" RIP 02-25-10. You were one of a kind good buddy!)
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To: savedbygrace
"What the heck does that mean?"

Well I can tell you what it doesn't mean, equal protection under the law.
10 posted on 02/27/2010 2:34:55 PM PST by JoSixChip (HOPE = Have Obumber Prove Eligibility)
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To: Sub-Driver

This is cap-and-trade by another name! It has Al Gore’s blessings. See Al Gore’s op-ed in NYT today where he admits that Graham’s bill is similar to cap-and-trade.


11 posted on 02/27/2010 2:36:18 PM PST by JimWayne
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To: Sub-Driver
Three senators are seeking to radically overhaul stalled climate legislation by proposing to dump broad cap-and-trade provisions and take a sector by sector approach to cutting greenhouse gas emissions...

Why do we want to cut supposed "greenhouse gas" emissions when there is no evidence that they harm anyone or anything?

12 posted on 02/27/2010 2:36:27 PM PST by AAABEST (Et lux in tenebris lucet: et tenebrae eam non comprehenderunt)
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To: Sub-Driver
Here is a report on the EAU/CRU produced by the British Institute of Physics to the UK Parliament ... It is devastating. Basically it says unless the released materials are forgeries, it's one big giant hoax, just as most freepers have said.
13 posted on 02/27/2010 2:36:52 PM PST by Tarpon ( ...Rude crude socialist Obama depends on ignorance to force his will on people)
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To: Sub-Driver

Basically, they just changed the name because, thankfully, we have won that debate and turned Cap and Trade into Massive Tax Increase in the minds of most Americans. So they are going to come up with a new touchy, feely name for it. I’m sure it will work as well for them as “Public Option” did for “Socialized Medicine”...


14 posted on 02/27/2010 2:39:20 PM PST by apillar
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To: Sub-Driver
(...) in which companies would be forced to buy and sell the right to pollute, (...)

Carbon dioxide is NOT POLLUTION!

15 posted on 02/27/2010 2:39:51 PM PST by Yossarian
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To: jd777

16 posted on 02/27/2010 2:40:19 PM PST by Vaquero (BHO....'The Pretenda from Kenya')
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To: Sub-Driver
" . . . a White House official and leading U.S. newspaper reported."

Wow, talk about State-supported media . . .

17 posted on 02/27/2010 2:41:59 PM PST by Zuben Elgenubi
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To: Sub-Driver
Lindsey Weeney is attempting to salvage his career..GRIN...McCain already deflowered his manhood....

GO HOME Lindsey....

18 posted on 02/27/2010 2:42:05 PM PST by cbkaty (I may not always post...but I am always here......)
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To: Sub-Driver

Once again it is about CONTROL!!!! Like government run education they will sneak in the back door cause we slammed the front door in thier face, little by little, this legisaltion that legislation, behind closed doors in the middle of the night, before you know it we’re looking at governmet run healthcare and a government run energy sector. These F N RHINOS don’t get it! HANDS OFF!


19 posted on 02/27/2010 2:45:03 PM PST by ronnie raygun (Cockblock the sock puppet in 2010)
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To: savedbygrace

We are being screwed by Lindsay Gramnasty. They need to first figure out what actual climate impact is involved. So far, we only have a scheme to play with carbon trading and screw us out of our life’s work in the name of the Communists and National Socialists. Stop them before they kill us.


20 posted on 02/27/2010 2:45:41 PM PST by Steamburg ( Your wallet speaks the only language most politicians understand.)
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To: Sub-Driver; marvlus; IrishCatholic; Carlucci; Desdemona; meyer; Para-Ord.45; Normandy; mmanager; ...
 


Beam me to Planet Gore !

21 posted on 02/27/2010 2:47:31 PM PST by steelyourfaith (Warmists as "traffic light" apocalyptics: "Greens too yellow to admit they're really Reds."-Monckton)
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To: savedbygrace

It means the new bill will be called:

“cap-and-trade is dead, wink-wink”


22 posted on 02/27/2010 2:47:44 PM PST by donna (SarahPAC has donated money to...(wait for it)...Lindsey Graham!)
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To: Sub-Driver

How many times have they declared “Obamacare is dead”. I’ll wait until the funeral.


23 posted on 02/27/2010 2:51:35 PM PST by pissant (THE Conservative party: www.falconparty.com)
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To: Sub-Driver

I wish that little RINO sissy s**t is SC were up for election in 2010. Juan McCain’s little buddy.


24 posted on 02/27/2010 2:52:01 PM PST by Frantzie (TV - sending Americans towards Islamic serfdom - Cancel TV service NOW)
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To: Sub-Driver

GOOD!

AL Bore is Deeply Saddened. LOL


25 posted on 02/27/2010 2:53:14 PM PST by SandRat (Duty, Honor, Country! What else needs said?)
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To: savedbygrace
>> The new bipartisan bill could target individual sectors

> What the heck does that mean?

It means "get those campaign contributions coming in or your sector is screwed." Congress gets to pick winners and losers.

26 posted on 02/27/2010 2:54:34 PM PST by NonValueAdded ("Roll back Pelosi" Rush Limbaugh, 2/12/10)
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27 posted on 02/27/2010 2:55:21 PM PST by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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To: donna

Hey donna.

‘Sector by sector’ is not a term we hear with regard to the U. S., is it?


28 posted on 02/27/2010 2:56:07 PM PST by savedbygrace
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To: savedbygrace

The new bipartisan bill could target individual sectors

What the heck does that mean?

***
I was wondering just that, as well.


29 posted on 02/27/2010 3:11:15 PM PST by Bigg Red (Palin/Hunter 2012 -- Bolton their Secretary of State)
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To: jd777
And now this.
30 posted on 02/27/2010 3:13:01 PM PST by TheGeezer
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To: Bigg Red

OK, I’ve done a bit more research, and I see that they’re talking about different industry sectors. It still sounds like unequal treatment under the law.


31 posted on 02/27/2010 3:20:14 PM PST by savedbygrace
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To: Sub-Driver

Yea, just like health care was dead. Don’t believe a word of it.


32 posted on 02/27/2010 3:31:34 PM PST by Hattie
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To: savedbygrace
What the heck does that mean?

Intense micro-management of the entire US economy, and millions of new jobs created for lawyers.
33 posted on 02/27/2010 3:42:18 PM PST by Question Liberal Authority ("We can't control nature" - Barack Obama, Feb 27, 2010)
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To: savedbygrace
"With the exception of a brief experiment with regional planning during the Khrushchev era in the 1950s, Soviet planning was done on a sectoral basis rather than on a regional basis."
34 posted on 02/27/2010 3:59:05 PM PST by donna (SarahPAC has donated money to...(wait for it)...Lindsey Graham!)
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To: savedbygrace
The new bipartisan bill could target individual sectors
What the heck does that mean?

Instead of destroying the entire economy at once, we destroy the coal industry, the oil and gas industry, the automobile industry, etc. separately.

35 posted on 02/27/2010 4:06:07 PM PST by denydenydeny ("I'm sure this goes against everything you've been taught, but right and wrong do exist"-Dr House)
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To: denydenydeny

Yes, that’s it.


36 posted on 02/27/2010 4:07:51 PM PST by savedbygrace
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To: savedbygrace

Coal plants... offshore drilling... shale oil... nuclear...etc.

LLS


37 posted on 02/27/2010 4:07:58 PM PST by LibLieSlayer (hussama will never be my president... NEVER!)
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To: LibLieSlayer

Yup. All treated separately and differently.


38 posted on 02/27/2010 4:10:03 PM PST by savedbygrace
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To: savedbygrace

“The new bipartisan bill could target individual sectors...”

Instead of taxing us each individually for breathing....they’l target specific industry’s to regulate and tax...and pass the costs thru to you and I..

“problem” with this approach from their perspective, is that some of the peons and peasants always manage to weasel out from under the jackboot.


39 posted on 02/27/2010 4:25:20 PM PST by mo
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To: savedbygrace

I think it meas that they only tax certain industries. Like the power industry and the oil industry.


40 posted on 02/27/2010 5:54:40 PM PST by Blood of Tyrants (Truth - Reality through the eyes of God.)
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To: Sub-Driver
"Senators (are) considering sector by sector, market based measures as a means to reduce emissions," an administration official said.

What part of the economy will they eviscerate first?

41 posted on 02/27/2010 6:08:14 PM PST by Mike Darancette (You know Obama is in trouble when the MSM mentions that he is half white.)
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