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Climate Change Bill Hits Senate With Little Chance For Success
Wednesday, after months of partisan bickering and the peevish defection of one of its main sponsors, the Senate climate change bill was unveiled. Senators John Kerry, Democrat of Massachusetts, and independents of Connecticut, Joe Lieberman, presented a climate and energy package designed to limit climate change and promote clean energy jobs. Kerry said it was imperative the Senate climate change bill, which includes a little something for everyone, gets passed this year. But one of the vote-getting goodies in the climate bill is expanded off-shore drilling -- a provision that could immediately backfire considering the oil spill in the Gulf of Mexico.
Not a good climate for change
Negotiations with special interest groups and lawmakers by Kerry and Senator Lindsey Graham, Republican of South Carolina, on the climate and energy bill appeared to be humming along until last month. Graham all of the sudden withdrew his support of the energy legislation under pressure from GOP true believers. Right wing enforcers were upset that Graham may have been giving Democrats installment loans of Republican support. Graham said something referencing immigration politics as an excuse. But potential Republican votes that the climate change bill needs to pass may have gone out the window along with Graham.
Clean energy stained by oil
When the oil spill in the Gulf of Mexico erupted last month, one of the big vote-getting goodies in the climate and energy package -- incentives to increase domestic offshore drilling -- was rewritten. The New York Times explains that instead of providing for an expansion of offshore drilling, the Kerry-Lieberman bill gives coastal states the right to veto any drilling plan that could cause environmental or economic harm. Graham was a part of the original drafting of the oil drilling provision.
Energy legislation and a big crowd
A swarm of lobbyists have been attracted by the Senate Climate change bill. Millions have been spent by oil companies to derail the climate and energy package. Clean energy producers with investments in low-carbon nuclear power, natural gas or wind and solar power have been trying to make themselves rich off the Senate climate bill. Reuters reports that green energy utilities such as FPL Group, Duke Energy and Exelon have all lobbied alongside environmental groups for the climate change bill.
Green jobs, clean energy
Kerry's presentation of the Senate climate change bill was accompanied by a blog on the Huffington Post asking for public support. Kerry claims the climate and energy bill package will likely create nearly 2 million new green energy jobs, develop new products, and support the research and development that is required to help the U.S. maintain leadership in the global economy. He also claims the climate bill as written will reduce the deficit by about $21 billion in nine years.
Senate and Climate Change?
Kerry thinks that it seems to be long overdue for American to finally lead on climate change. He says that he will definitely mount a “full court press” to pass the energy legislation in 2010. But Kerry also wants to add pressure to a Congress paralyzed from dealing with the oil spill in the Gulf of Mexico, financial reform, immigration reform, an upcoming Supreme Court nomination battle and a sputtering economic recovery.
Resources for the article
The New York Times
http://www.nytimes.com/2010/05/13/science/earth/13climate.html
Reuters reports
http://www.reuters.com/article/idUSN1219978020100512?type=marketsNews
Huffington Post
http://www.huffingtonpost.com/john-kerry/transforming-our-power_b_573303.html
ANALYSIS: Gingrich’s Tax Plan Would Cause Perpetual Trillion Dollar Deficits, Triple The Debt By 2024 (Think Progress)
Our guest blogger is Seth Hanlon, Director of Fiscal Reform at the Center for
American Progress Action Fund. 2012 GOP presidential frontrunner Newt Gingrich
is outdoing his Republican rivals in promising enormous tax cuts for the very
wealthiest Americans. According to an independent analysis by the Tax Policy
Center, Gingrich’s plan would violate basic notions [...]
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