The conventional wisdom says that if a climate bill fails to pass before the August recess, there’s little chance that it could pass this year, as lawmakers will spend much of the fall campaigning for the mid-term elections.
But electric industry executives, senators and White House officials continue to meet behind the scenes to work out a compromise on a utility-only cap on greenhouse gas emissions. While these meetings could be a last-ditch attempt to pass a bill with a cap on carbon emissions before the August recess, all signs suggest such an effort is an uphill battle. Now, some are considering whether a bill could pass this fall.
The Hill reportedlast night that electric industry executives met with White House officials yesterday to discuss a utility-only bill: “„The White House meeting comes amid a growing consensus among utility officials involved in the talks that a climate bill is dead for the summer, raising the question of whether it is possible at all this year.