Senate Democrats: No Cap and Trade Vote This Year!

NOVEMBER 11, 2009

Climate Bill Likely on the Shelf For Rest of the Year

By IAN TALLEY
WASHINGTON — Key Senate Democrats Tuesday said it is unlikely there will be any more major committee action on climate-change legislation this year, the strongest indication yet that a comprehensive bill to cut greenhouse-gas emissions won’t be voted on until at least next year.

Although the Senate Environment Committee last week approved a version of the bill, the proposal will face strong revisions from moderate Democrats, particularly from senators on the Finance and Agriculture committees.

“It’s common understanding that climate-change legislation will not be brought up on the Senate floor and pass the Senate this year,” Senate Finance Chairman Max Baucus said on the sidelines of a caucus lunch.

Mr. Baucus, a Montana Democrat, said he planned to hold a number of hearings on climate legislation and eventually mark up a bill in his panel. “But I don’t know that I can get a bill put together by this year, as important as climate-change legislation is,” he said.

Mr. Baucus was the lone dissenting Democratic vote on the Environment Panel last week because he wanted weaker emission-reduction targets and stronger provisions to protect energy-intensive industries and encourage clean-coal technologies…

[…]

Wall Street Journal

Since next year is an election year, it’s a decent bet that this goes nowhere next year either. The results of next year’s congressional elections will probably forestall any climate change legislation for the foreseeable future.

The avowed goal of Al Gore and his ilk is an 80% reduction in CO2 emissions by 2050 from 1990 levels, the so-called “80 by 50” scheme. This would require a reduction of per capita CO2 emissions to levels not seen since the 1860’s…

Red China, India and the rest of the developing world have rejected any binding targets for emission reductions, despite the fact that the fastest growth in CO2 emissions is occurring in the developing world.

So any reductions of US emissions are pointless.

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