January 07, 2010
Reid Promises Incoming Senator: Cap and Trade is Dead Next Session
This should come as no surprise...
According to E&E news ($ubscription required):
There will be no cap-and-trade climate bill considered in the next Congress, Majority Leader Harry Reid (D-Nev.) promised a colleague today.
Newly sworn-in Sen. Joe Manchin (D-W.Va.) said today that Reid made a "total commitment" to him that there would be no cap and trade next session.
Reid's office confirmed the promise. "Given the election results, there is no chance we can deal with cap and trade," Reid spokesman Jim Manley told E&ENews PM.
New ideas will clearly be needed to make clean energy progress in the next Congress and beyond.
For more on that, see the "Climate Next" series now underway at the Atlantic, Slate, Mother Jones and the other participating partners in the Climate Desk project. Breakthrough's Michael Shellenberger and Ted Nordhaus kick off the series with their essay, "Innovate First, Regulate Later."