Friday, August 14, 2009

Climate Change Measure Should Be Set Aside, U.S. Senators Say

The U.S. Senate should abandon efforts to pass legislation curbing greenhouse-gas emissions this year and concentrate on a narrower bill to require use of renewable energy, four Democratic lawmakers say. “The problem of doing both of them together is that it becomes too big of a lift,” Senator Blanche Lincoln of Arkansas said in an interview last week. “I see the cap-and-trade being a real problem.” The resistance by Lincoln and her Senate colleagues undercuts President Barack Obama’s effort to win passage of legislation that would cap carbon dioxide emissions and establish a market for trading pollution allowances, said Peter Molinaro, the head of government affairs for Midland, Michigan- based Dow Chemical Co., which supports the measure. “Doing these energy provisions by themselves might make it more difficult to move the cap-and-trade legislation,” said Molinaro, who is based in Washington. “In this town if you split two measures, usually the second thing never gets done.” Ben Nelson of Nebraska and North Dakota Senators Kent Conrad and Byron Dorgan joined Lincoln in suggesting that the climate measure be put off...Bloomberg

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