In Washington, The New York Times is reporting on a bipartisan effort in the US Senate to package an energy and climate bill, with Senator Lindsey Graham of South Carolina, Senator Joe Lieberman of Connecticut and Senator John Kerry of Massachusetts saying that a hybrid of energy and climate legislation is more likely to pass the Senate than cap and trade legislation.
Cap and trade is expected to be a difficult sell in an election year, although cap and trade legislation has passed in the US House of Representatives. What is more likely to emerge is a bill that includes support for development of nuclear and clean coal. President Obama pledged the United States towards a goal of reducing emissions by 17 percent in the US from 2005 levels by 2050.
More background on the story from the Digest