Free Republic

ABSTRACT: Democratic leaders in the House have scheduled a Friday vote on a climate change bill that would establish a complex cap-and-trade system to limit the nation's greenhouse gas emissions, a priority for President Obama. The House Rules Committee unveiled the latest version of the bill, which weighs in at 1,201 pages. It features new items such as $7.5 billion in "green bonds" for a new federal financing agency called the Clean Energy Deployment Administration, extra emission allowances for politically powerful rural electric cooperatives, greater flexibility for states that want to use free allowances for mass transit, and tweaks benefiting...

Is an imperfect climate bill (Waxman-Markey) better than no bill at all? Al Gore says yes.To bring environment supporters together, Gore will host a nationwide conference call on June 23 at 8 p.m. ET. The purpose, according to his Repower America e-mail sent to a selected audience, is “to build urgency around this bill and make sure it passes. We have to go to the grassroots – we have to continue building support in communities across the nation.”“As this climate legislation moves before the full Congress this summer, we have an opportunity unlike anything we’ve seen yet,” the e-mail concludes.Gore...