Word: capping
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...also looking unlikely that the U.S. Senate will pass carbon-capping legislation anytime soon - Obama lost a key vote for cap and trade when Republican Scott Brown won the late Senator Ted Kennedy's seat in a special election in Massachusetts - and that could potentially invalidate the U.S. Copenhagen pledge and throw the continuing international climate talks into further disarray. "Unless [the U.S.] is serious about its own commitments, there will be a very serious impact on the talks," said Rae Kwon Chung, South Korea's ambassador on climate change. (See the world's most polluted places...
...story remains largely the same: the world is waiting on the U.S. Signals from the Administration suggest they may be waiting a while, though, at least when it comes to a hard carbon cap. Although Obama called for comprehensive climate and energy legislation in his recent State of the Union address, there was one term he did not use: carbon cap. And in its proposed budget for fiscal year 2011, released on Monday, the White House did not name a specific dollar figure for revenue it expects from cap and trade. Last year's budget projected $79 billion in revenue...
...emissions directly, but that logistically sticky tack is one Obama has repeatedly said he'd rather not use. "There's increasing concern that if we don't get it together in the U.S., we will lose the clean-energy markets and jobs and growth that come with [a carbon cap]," says David Doniger, policy director at the Natural Resources Defense Council's climate center...
Beyond that, the mere appearance of scientific impropriety might be enough to turn off those who are doubtful about global warming or just doubtful that the case is strong enough to warrant passing cap and trade...
Scott Brown of Massachusetts voted for a regional cap-and-trade program two years ago as a state senator. But now he's against a federal cap-and-trade bill, and he cites the "potential tampering" by climate scientists as one reason for his change of heart. There's no evidence of such tampering, but for climate skeptics, it might not matter...