| on Mar 11, 2008, 06:09 PM E.S.T.
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Page 1 of 2
Rep. John Dingell (D-Mich.), Chairman of the House
Energy and Commerce Committee, said recently that he hopes to have a
draft cap-and-trade bill out for comment by mid-April, according to a
Greenwire story by Darren Samuelsohn. This will begin what I expect
will be a lengthy period of pushing and shoving by energy producers,
industrial energy users, and environmental pressure groups over who the
winners and losers are going to be. Dingell and Rep. Rick Boucher
(D-Va.), Chairman of the committee’s Energy and Air Quality
Subcommittee, will be under enormous pressures from all these special
interests. The only group that won’t have much clout are the consumers
who will end up paying more for energy and most other goods and
services if rationing policies are enacted. On the Senate side, the
Democratic leadership is aiming at a vote in May or June on the
Lieberman-Warner cap-and-trade bill. The American Environment Coalition is circulating a joint letter opposing Lieberman-Warner for signatures.
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