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The Resurrection of Cap-and-Trade

The recession has delayed the passage of energy legislation and it has stymied hopes for cap-and-trade. The current conventional wisdom is that cap-and-trade legislation is dead. However, rumours of the death of cap-and-trade may have been greatly exaggerated. Resistance to cap-and-trade comes from energy intensive industries and Congressional representatives from high carbon, poor and conservative areas. Senate moderates from both parties are pushing Obama to…

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Climate Bill Bogs Down in Senate

By Sarah Laskow, Media Consortium Blogger The United Nations Climate Change Conference in Copenhagen should have cleared a path for the U.S. Congress move forward again on climate change legislation, but Senate Democrats already are saying the bill might not come in 2010. After fights over the stimulus and health care, legislators are less willing to stomach compromises on climate…

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