Is it time to say farewell to cap-and-trade plans?
February 4, 2010 by Tom GuayPosted in: In this week's e-newsletter, Industry Spotlight, Latest News & Views
It may be curtains for plans to create a cap-and-trade program to force America to reduce its greenhouse gas (GHG) emissions.
That’s the message President Obama floated this week.
When it comes to a choice between jobs and cap-and-trade, jobs are clearly the president’s top priority this year, even though just last week Obama voiced support for cap-and-trade during his State of the Union address.
Obama told a town hall meeting in Nashua, NH, it was time to put plans to create green jobs — by promoting renewable energy projects — on a separate track from capping U.S. GHG emissions. “We may be able to separate these things out. And, it’s conceivable that’s where the Senate ends up,” he told the New Hampshire crowd.
Oddly enough, it was Republican Sen. Lindsey Graham (SC) who was the fastest and loudest to denounce Obama’s apparent willingness to give up on a cap-and-trade bill, according to a report in The New York Times. The White House quickly insisted that cap-and-trade is still a Presidential priority.
However, Graham dismissed Obama’s plan to separate cap-and-trade from an energy policy as “half-assed.” The South Carolina Senator fears an energy-only bill won’t promote nuclear power and expanding off-shore drilling for oil.
Graham doesn’t think environmentalists will support his nuclear power and drilling goals without a cap-and-trade program. That’s why he’s seeking a compromise position.
Tags: cap-and-trade, carbon tax, energy policy, Sen. Graham
GreenandMore.com
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February 11th, 2010 at 5:47 pm
Obama’s moving to the middle because cap and trade is just alot of B.S. and he knows it – they (dems) thought they could make a power play and take over once and for all – cap and trade along with health care would have put them in a powerfull position. they almost got there but the Mass election was their wake up call – We better all wake up and take down this power hungry bunch of theives. . . .
February 12th, 2010 at 8:54 am
This website is a disgrace. If you knew what you were talking about, you wouldn’t say “surprisingly, Lindsey Graham…” He is basically a RINO who is on board with all the green hysteria. But the author of this “article” doesn’t even know that–he is apparently blinded by his disdain for anyone with a R in front of their name. And the author still believes in global warming. LOL.
February 12th, 2010 at 9:51 am
Blair, don’t kill the messenger.
Why don’t you read all the news links I provided in the story before spouting off like a six-year old? Then you’d get the big picture and realize that I am well aware of Graham’s history, his motivations and his goals.
February 12th, 2010 at 10:35 am
I’m just reacting to what you wrote. Your knowledge may be great. But what you wrote did merit my criticism. I don’t want to attack you. I actually respect you. You really do believe all this global warming / green stuff, and if one believes it, the logical thing to do is to proselytize others to get them on board. But your beliefs and assumptions and biases, which are in full display in your articles, are silly to many of us and the policies that you support would be terrible for our economy and our values and lives. So forgive me for spouting off. Don’t mean to be rude or childish. Really just reacting to the words in front of me.