March 2, 2010
A group of senators are trying to resuscitate global warming legislation, but the potential inclusion of a new gas tax threatens to keep action on one of President Obama’s signature initiatives stalled.
Sens. John Kerry, D-Mass., Lindsey Graham, R-S.C., and Joe Lieberman, I-Conn., have pushed aside the politically unpopular idea of passing a “cap and trade” system for regulating most emissions and would instead go after power plants, motor vehicles and manufacturers with targeted taxes and caps.
The lawmakers are hoping to get a bill together in the “coming weeks,” according to a Kerry aide, and then find a way to fit it in the already jammed Senate calendar, where the jobs agenda and now health care reform are the priorities.
“Unlike past pieces of legislation, we are taking a careful look at different sectors of the economy to determine the most appropriate policy to reduce emissions in each sector,” Kerry spokeswoman Whitney Smith said. “Based on input from all stakeholders, the idea is to take a reasonable, responsive approach to each sector to accomplish an economywide goal.”
This article was posted: Tuesday, March 2, 2010 at 10:55 am