Senator Kerry and Majority Leader Reid announced this week that cap and trade legislation is dead.
Technically, they announced that the legislation Kerry, Lieberman, and Graham have been crafting for a year now will not be introduced before the August recess. Reid will introduce a very minor energy bill instead. Theoretically, the meaningful bill could still be introduced in September, but if the leaders thought they were remotely able to pass the bill, they would be doing it now, before the fall election season kicks in. The vote is more difficult to win in September, not less. Nobody thinks they'll have the votes in September, and nobody thinks the bill will pass before the election. After the election everything gets worse. The legislative process has just missed its last best chance to deal with the most important challenge of our times. It's over. It's done. Politics has failed.
It's time for us to fix it.
continued at Daily Kos...
