The Melting Climate Change Deadline. By Rachel Morris, Mother Jones, September 11, 2009. "The House passed the Waxman-Markey bill in June, and Senate majority leader Harry Reid set a firm timetable for the Senate to follow suit. But now the Senate has jettisoned its deadline for the bill, and momentum to quickly pass legislation appears to be vanishing... Health care the only issue threatening to crowd out cap and trade on the congressional agenda. 'Financial services reform is coming up fast on the rail,' says one Senate aide, noting that that could overtake the climate debate and push it back to 'October and perhaps November.' The Obama White House has signaled that it is more eager to proceed with financial regulation -- an initiative, unlike cap and trade, that doesn't come with a big price tag... Given all that, it's little wonder that Senate aides from committees that are working on cap and trade aren't brimming with confidence that a measure will move forward anytime soon. 'I don't think anyone can predict [when a bill will emerge],' says one. 'With all the other priorities, folks are wondering if we are ever going to get there.'"
2009-09-15
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