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Our Wonks in Washington Are Working on a Plan!

Posted By mike On February 15, 2009 @ 8:58 pm In Small Foot Print | No Comments

With a tip of the hat to Climate Progress:

[1]

Sen. Barbara Boxer, chair of the Senate Environment and Public Works Committee, [3] announced earlier this month that she hopes to have a cap-and-trade bill blessed by her committee by the end of the year. Her announcement left room for criticism.

These will be a hard sell. A climate bill truly guided by science, for example, would cause U.S. greenhouse gas emissions to peack and begin a rapid decline by 2015. That would require a radical turnaround by our economy.

All the vested interests that will be affected by carbon pricing, including big emitters and fossil energy producers, will define a “transparent and accountable” trading system as one that includes more protections for them than for the atmosphere. The tendency will be to fill the bill with off-ramps, price caps and giveaways that make the trading system neither transparent nor accountable.

[4]

Article printed from Small Blue Planet: http://smallblueplanet.org

URL to article: http://smallblueplanet.org/2009/02/15/our-wonks-in-washington-are-working-on-a-plan/

URLs in this post:
[1] Image: http://clipmarks.com/clip-to-blog/
[2] climateprogress.org: http://climateprogress.org/2009/02/14/climate-bill-principle-draws-interest/
[3] announced earlier this month: http://climateprogress.org/2009/02/03/sen-barbara-boxer-global-warming-legislati
on-principles/
[4] Image: http://clipmarks.com/share/7010DF72-F16E-4216-B4E7-6CF8B943C6CC/blog/

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