March 17th, 2010
07:21 AM ET
5 years ago

Climate change's Hail Mary

New York (CNNMoney.com) - The horse trading over climate change law is in full swing, and Senators are trying to appease interests on both sides of the aisle.

In the next couple of weeks, lawmakers are expected to unveil an unprecedented proposal that combines more oil and gas drilling with a cap on greenhouse gases and a tax on gasoline.

Details on the proposal, put forth by Sens. John Kerry, D-Mass., Joe Lieberman, I-Conn., and Lindsey Graham, R-S.C., are scant – the actual bill isn't expected until at least the end of the month.

But since this may be the last time this year climate change law is discussed, timing is critical. And with health care, financial reform and looming elections on Washington's collective plate, it faces an uphill battle.

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Filed under: CNNMoney.com • Energy
soundoff (3 Responses)
  1. chris l

    Not gonna happen, Fuggeddaboutit!!!

    March 17, 2010 09:04 am at 9:04 am |
  2. Republicans are Repugnant Taliban

    If Democrat lawmakers had a backbone maybe things would not be so difficult.

    March 17, 2010 09:06 am at 9:06 am |
  3. Tom in Delaware

    Hey Congress, Global Warming is a hoax, everybody knows it....we just never told you.....hah-hah.

    March 17, 2010 09:07 am at 9:07 am |