Posted on 02/22/2010 12:32:19 PM PST by opentalk
WASHINGTON - A last-ditch attempt at passing a climate change bill begins in the Senate this week with senators mindful that time is running short and that approaches to the legislation still vary widely, according to sources.
"We will present senators with a number of options when they get back from recess," said one Senate aide knowledgeable of the compromise legislation that is being developed. The goal is to reduce emissions of carbon dioxide and other greenhouse gases that scientists say threaten Earth.
The options will be presented to three senators -- Democrat John Kerry, independent Joseph Lieberman and Republican Lindsey Graham -- who are leading the fight for a bill to battle global warming domestically.
The aide said the Senate's drive for a bill got a boost last week with President Barack Obama's announcement of an $8.3 billion government loan guarantee to help start expanding the nuclear power industry, a top Republican priority. "The administration is really putting their money where their mouth is," the aide said.
The Senate trio's success or failure likely will have a profound impact on international efforts to reduce carbon emissions and prevent Earth's temperature from exceeding a possibly dangerous 2 degree Celsius (3.6 Fahrenheit) increase from pre-industrial times.
For Wall Street, the Senate has the power to make or break the start-up of what eventually could be a $1 trillion market for power plant, oil refinery and factory pollution permits traded on a regulated exchange.
Congressional elections will be held on November 2 and there is wide agreement that if the Senate cannot pass a climate bill by mid-year, already hard-edged political partisanship will become hyperactive, making it nearly impossible for Congress to move on much of anything.
(Excerpt) Read more at newsmax.com ...
“time is running short”
people are figuring out that its all a lie/hoax/scam/fraud
FYI.
Ping.
I know just where they can push it, too.
There had better be a huge push back....
Amazing. The Democrats are tring to pass all their disgusting plans fully knowing they are going to be thrown out. Pathetic and Desperate! They are fanatical extremeists.
Related thread:
New Climate Agency Head Tried to Suppress Data, Critics Charge
Wow! That's some great consensus science right there. Now what does the tax/temperature curve look like on a graph?
What if we want to lower it to 1 degree or 0? Which tax rate would accomplish this?
Even better, which level of readership would force your fishwrapper into bankruptcy to quit propagating stupididty?
And when the Lawsuit by the coal companies against the EPA proves this is all a Fraud, then where does their scheme go?
So two libs and one RINO sell-out will make the decision??
“Democrat John Kerry, independent Joseph Lieberman and Republican Lindsey Graham”
...whew! For a minute there I thought this would be a partisan council! ~sarc
---Meanwhile, "so much political juice" is now being expended by U.S. environmental groups on a side-issue to the climate bill, said Frank O'Donnell, president of Clean Air Watch. He was referring to green groups' attempts to stop Republican Senator Lisa Murkowski from advancing her bill blocking the Environmental Protection Agency from regulating carbon emissions, starting with vehicles.
---The Obama administration would prefer to let Congress set climate change policy. But if it is unable to, the White House wants the EPA as a fallback.
--Graham has talked about cobbling together a "hybrid system" for reducing carbon emissions.---
This will probably be settled through the courts.
Well..they gotta pass sumpin’ to flesh their retirement..er..”campaign fund” before the fall....
I don’t believe, even a little bit, the hype about global warming. But even if it were true, trading credits on an exchange is the most hypocritical, nonsensical, and ineffectual solution since the sale of indulgences lines the pockets of the hopefully-burning-in-hell pseudo-religious of prior times.
The article this weekend about the largest coal Producers filing a massive lawsuit against the EPA surely would get their attention. Apparently not.
Lindsey Graham acts like a petulent child. He committed himself to this lie, now refuses to admit it is all one big Fraud.
What in the world is wrong with him?
GE has the world's largest gas turbine manufacturing plant, in Greenville, S.C. -
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