Close Win Predicted For Cap-and-Trade Billmedia3.washingto...
Close Win Predicted For Cap-and-Trade Bill
Made popular 1426 days ago in Politics
washingtonpost.com — The House could vote today on a measure to cap U.S. greenhouse gas emissions, with Democratic leaders predicting a tight victory for a behemoth bill that has grown more complex with each compromise.

The heart of the bill, which now runs to 1,201 pages, is a plan to reduce emissions to 17 percent below 2005 levels by 2020. To do that, it would create a cap-and-trade system, in which polluters would be required to accrue buyable, sellable credits for all the greenhouse gases they produce.

But the bill also contains a system of caveats, safety valves and rule changes meant to satisfy unhappy Democrats. The result is legislation that could transform the U.S. energy industry - and allow both Wall Street and the Corn Belt to build a side business in carbon.

Report This Post
Posted by Bigger
Add To Favorites
257 Votes
Similar Issues
4 Comments
ShareThis
Do you approve or disapprove of the Cap-and-Trade Bill measures to reduce U.S. greenhouse gas emissions?
Approve
21%
Disapprove
79%
No opinion
0.8%
This is not a scientific survey, click here to learn more. Results may not total 100% due to rounding and voting descrepencies.
User Comments
james2044
Posted 1425 days ago
0 up votes, 0 down votes
Less jobs, more expenses, longer resession another great idea from the democrats.

How about we cap & trade in November 2010?
TopSpin
Posted 1424 days ago
0 up votes, 0 down votes
Everyone wants something but no one want to pay for it.
MyObamaBiden
Posted 1423 days ago
0 up votes, 0 down votes
JAMES2044 WITH THE GIFT OF THE REPUBLICAN PIGS THAT KEEP GIVING, WISHFUL THINKING
anglosaxon
Posted 1420 days ago
0 up votes, 0 down votes
How does Obama and the Democratice Congress think normal Americans earn in their paychecks? We do not make enough money to cover the Obama Administrations costs for Health Care, and Energy Costs. I would like to see the CBO put together several regular American monthly budget and tell us how much poorer we will be when we start paying more for Health Care, Food, Gas, Electricity, Day Care and other normal costs that are going to rise due to new Obama Laws.
You will have 2 minutes to edit your comment.

Add your comments