Last month, the Democratic leadership in the U.S. Senate announced it would no longer try to bring a comprehensive climate change bill to the floor before the midterm elections in November.
When the announcement was made, the Senate Democrats intended to focus on crafting a more limited vehicle to promote energy efficiency and reduce emissions of greenhouse gases, but that effort seems stalled as well. No “cap-and-trade” program seems likely to emerge from this Congress, nor does a “carbon tax” or any other means to “put a price on carbon” seem possible.
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