July 26, 2010

A Defeat for Stemming Climate Change in U.S.

San Francisco Chronicle, San Francisco Chronicle


AP Photo

There is plenty of blame to share for the political demise of climate change legislation in Washington. Timid Democrats, obstinate Republicans, a risk-averse White House and a sour public outlook that green groups couldn't counter. Each played a role.

Following a health care fight, a $1 trillion stimulus package and new financial regulations, there was neither the will nor patience for another major showdown. The doomed plan was built on the much-mocked cap and trade approach that set limits on carbon emissions (think mainly coal-fired power plants) and allowed polluters to buy and sell credits to stay within the caps.

 

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Related Topics: environment, climate change

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