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Climate consensus collapses in Senate - Kerry’s bill on hold after GOP ally bolts
Boston Globe ^ | April 25, 2010 | Matt Viser and Beth Daley

Posted on 04/25/2010 2:10:39 AM PDT by Zakeet

In one of the proudest moments of his long legislative career, Senator John F. Kerry was poised to unveil a long-awaited climate change bill tomorrow that would put a price on carbon emissions and provide billions of dollars in incentives to industry to drastically cut greenhouse gases.

Kerry had brought business on board, and even forged something rare in Washington, a bipartisan compromise with a key Republican leader.

Then his effort ran headlong into the Senate’s partisan snarl, and last night the release of the bill was postponed indefinitely.

Senator Lindsey Graham, the South Carolina Republican who had allied himself with Kerry on the issue, abruptly abandoned the effort last night, saying he was irate that the Senate’s Democratic leadership might proceed with a controversial immigration bill first.

[Snip]

The sudden reversal came after Kerry had already begun talking up the details of the legislation with interest groups and reporters.

Calling it a “game-changer’’ that seeks to forge a partnership with businesses instead of punishing them for polluting, Kerry told the Globe the bill would create a system that puts a price on carbon emissions and directs most of the proceeds to the public in the form of rebates.

It would also provide clean energy incentives worth $2 billion a year to the coal industry, and give tax credits to the nuclear industry.

The goal: Slice carbon pollution 17 percent from 2005 levels by 2020 and 80 percent by 2050.

(Excerpt) Read more at boston.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: capandtax; climate; environment; globalwarming
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To: Zakeet
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21 posted on 04/25/2010 7:00:44 AM PDT by b4its2late (Bawney Fwank's mother should have thrown him away and kept the stork.)
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To: Lazamataz

Dittos!


22 posted on 04/25/2010 7:01:11 AM PDT by b4its2late (Bawney Fwank's mother should have thrown him away and kept the stork.)
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To: LostPassword

He’ll be back on board right after the AZ primary if McCain loses.


23 posted on 04/25/2010 7:16:15 AM PDT by Kenny
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To: Zakeet

The little sissy is trying to run to the rescue of McCain who is in deep kim-chee in Zona.


24 posted on 04/25/2010 7:18:38 AM PDT by Buckeye Battle Cry (Enjoy nature - eat meat, wear fur and drive your car!)
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To: Rocky

Graham could care less about his constituents. He sees his role as exclusively doing John McCain’s bidding.


25 posted on 04/25/2010 7:20:04 AM PDT by Buckeye Battle Cry (Enjoy nature - eat meat, wear fur and drive your car!)
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To: Zakeet
...Calling it a “game-changer’’ that seeks to forge a partnership with businesses..

Nice store youse gots here.

Hate to see anything happen to it.

Hows abouts we forge a partnership?

26 posted on 04/25/2010 7:24:18 AM PDT by Plutarch
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To: Zakeet

Miss Linseed bolted because William Gheen is outing him big time. Gheen is an immigration activist. Anti illegals. Gheen is impacting! Developing! (as Drudge says)

Gheen is in NC and is a long time political consultant...even for gay candidates. He knows the gay political subculture in the South. That’s what he said and he knows Miss Linseed is a part of it.


27 posted on 04/25/2010 7:25:31 AM PDT by dennisw (It all comes 'round again --Fairport)
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To: Darkwolf377
I have no idea what his constituents see in this guy.

Lately, Barney's frank.

28 posted on 04/25/2010 7:28:26 AM PDT by InternetTuffGuy
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To: Zakeet

Thank you God.


29 posted on 04/25/2010 7:30:13 AM PDT by Lee'sGhost (Johnny Rico picked the wrong girl!)
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