Senators Challenge Obama’s Cap-and-Trade Emissions Program
Normally, Democratic senators can be expected to stand with President Obama and his proposals, but some key lawmakers may become obstacles in the path of cap-and-trade carbon emissions standards.
Citing the burden the standards would put on manufacturing, particularly automobile-related manufacturing, Michigan Democratic senators Carl Levin and Debbie Stabenow are signaling their opposition.
Levin, six other Democrats and 26 Republicans are objecting to a Senate procedural budget reconciliation process that would limit debate and amendments to Obama’s proposed debate cap-and-trade legislation, according to the Detroit News.
As for Stabenow, she thinks it’s unfair for Obama to tie his 10-year, $150 billion effort to boost alternative energy technology, including auto research, to the cap-and-trade plan. Stabenow said the auto industry needs financing for energy research “right now.”
Energy Secretary Steven Chu has pledged to work with Congress on passage of Obama’s cap-and-trade system.
Some funding aspects of Obama’s budget proposal would come from auctions for carbon emissions permits.
Energy Manager News
- Microgrids, Now Mainstream, Continue to Advance
- Developing Economies Increasing their Share of Renewable Capacity
- LG Chem In Big German Battery Project
- ERC: Electricity Price Trends for the Week Ending Nov. 20
- PUCO: ‘Fixed Means Fixed’ in Retail Contracts
- FERC Requires Reports on Price Formation
- Viridian Energy Moves into Texas Market
- PUC Approves PPL’s 6.1% Rate Hike