Reid Abandons Cap & Trade in Face of Bipartisan Opposition , page 1
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Topic started on 22-7-2010 @ 05:28 PM by network dude
Hitting a wall of bipartisan opposition to placing a price on carbon, even if just in the utility sector, Senate Majority Leader Harry Reid, D-Nev., Thursday unveiled a narrow, limited energy bill that contains no cap and trade plan. "Unfortunately this Congress, we don't have a single Republican," Reid told reporters, as he outlined a 4-pronged plan that increases the liability cap for damage incurred from the BP oil spill in the Gulf of Mexico, as well as, new oil rig safety regulations; converts the diesel fleet to natural gas; legislates the HOME STAR energy efficiency program which provides homeowners financial incentives to purchase energy efficient products; and invests in the Land and Water Conservation Fund. Reid said he has 60 votes for the scaled-back legislation, though details of the BP portion of the bill were not yet clear. The HOME STAR legislative component has Sen. Olympia Snowe, R-ME, as a co-sponsor, though, and Reid said Republicans have supported the other provisions of his plan. Moderate Sen. Ben Nelson, D-NE, a cap and trade skeptic said he expects the new Reid bill to pass. While the leader is punting on climate change legislation for now, he made it clear he and other Democrats would continue to try to rally support for a price on carbon, but it is not clear how the math would change in the Senate that would enable Reid to get 60 votes to break a filibuster. Read more: congress.blogs.foxnews.com...

source

Here is the real reason for global warming hysteria. And my belief is that Al Gore's recent eminent fall from grace, is directly related to this agenda. He will be conveniently thrown under the bus and labeled the official fall guy for the hysteria that is Global Warming.


[edit on 22-7-2010 by network dude]
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