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Klein: Cap-and-Trade Is Dead

The Washington Post’s Ezra Klein writes today that an energy bill with a cap on carbon emissions, even a scaled-down cap on the power sector, is dead. Klein

Jul 31, 2020
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The Washington Post’s Ezra Klein writes today that an energy bill with a cap on carbon emissions, even a scaled-down cap on the power sector, is dead.
Klein arguesthat Senate Majority Leader Harry Reid’s (D-Nev.) refusal last week to use the words cap-and-trade — or, for that matter, greenhouse gas emissions — in describing a provision he is planning to includein his energy bill indicates that such a proposal is too unpopular to pass.
According to Klein:
If cap-and-trade is so unpopular that its primary legislative advocates can’t mention it, then it’s dead. The BP oil spill offered a chance to change the fundamentals on the issue and Democrats decided against trying to use the disaster as a galvanizing moment for climate legislation. Word games don’t offer a similar opportunity.
While Klein may be right that cap-and-trade is dead (sources told me as much last week), it’s important to note that many Senate Democrats and many in the White House have avoided using the term cap-and-trade for months, afraid that the phrase is too wonky to sell to the American people.
Hajra Shannon

Hajra Shannon

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Hajra Shannona is a highly experienced journalist with over 9 years of expertise in news writing, investigative reporting, and political analysis. She holds a Bachelor's degree in Journalism from Columbia University and has contributed to reputable publications focusing on global affairs, human rights, and environmental sustainability. Hajra's authoritative voice and trustworthy reporting reflect her commitment to delivering insightful news content. Beyond journalism, she enjoys exploring new cultures through travel and pursuing outdoor photography
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