Cap and trade 'flat out dead'
- Drew Zahn - WorldnetDaily.com
- Apr 27, 2010
In a sudden turnaround of events over the weekend, efforts to push cap-and-trade climate bills through Congress came to a screeching halt.
Proponents of laws that would combat "global warming" through capping emissions and compelling businesses that exceed the cap to purchase credits from companies that don't had been looking at two possible avenues to get the scheme passed.
The first route stems from last year, when the House passed H.R. 2454, the American Clean Energy and Security Act of 2009, by the razor-thin vote of 219-212. Two months later, Sen. John Kerry, D-Mass., introduced a companion bill – S.1733 – in the Senate, which was then put on the legislative calendar.
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