The latest death of cap and trade demands a fundamentally new clean energy strategy designed to overcome political obstacles to carbon pricing and simultaneously achieve the primary objective upon which our climate future hinges: making clean energy cheap.
Cap and trade is dead. Again. For real this time.
Reports put the time of death at 1 P.M. EST, July 22nd, 2010. That is when Senate Majority Leader Harry Reid emerged from a meeting of the Democratic Caucus without enough support for even a severely weakened and scaled-back emissions cap on the utility sector.
See full Article.
Posts
