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 ...
It means the new bill will be called:
“cap-and-trade is dead, wink-wink”
How many times have they declared “Obamacare is dead”. I’ll wait until the funeral.
I wish that little RINO sissy s**t is SC were up for election in 2010. Juan McCain’s little buddy.
GOOD!
AL Bore is Deeply Saddened. LOL
> 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.
Hey donna.
‘Sector by sector’ is not a term we hear with regard to the U. S., is it?
The new bipartisan bill could target individual sectors
—
What the heck does that mean?
***
I was wondering just that, as well.
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.
Yea, just like health care was dead. Don’t believe a word of it.
Instead of destroying the entire economy at once, we destroy the coal industry, the oil and gas industry, the automobile industry, etc. separately.
Yes, that’s it.
Coal plants... offshore drilling... shale oil... nuclear...etc.
LLS
Yup. All treated separately and differently.
“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.
I think it meas that they only tax certain industries. Like the power industry and the oil industry.
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