The Energy Bill has been shelved for now -- another Price exacted by the Do Nothing Party.
Senate Halts Effort to Cap CO2 Emissions
Democrats Forgo Centerpiece of President Obama's Energy Plan, as Cap-and-Trade Fails to Lure Broad Support in Congress
By Stephen Power, Wall Street Journal -- July 23, 2010
Mr. Reid refused to declare the idea dead. But Thursday's decision called into question when or whether any legislated cap on greenhouse-gas emissions would reach Mr. Obama's desk.
Now, businesses, such as wind-turbine makers, that had bet on a greenhouse-gas provision to make alternatives to coal and oil more cost-competitive must recalculate how long it might take for that to happen.
[...] the solar industry is growing at the rate of about 40% a year in terms of electrical power installed and is likely to continue to grow, said Ron Kenedi, vice president of Sharp Corp.'s Sharp Solar Energy Solutions Group in Huntington Beach, Calif.
We need some new Senators (at least 60), who actually care about Energy Independence -- enough to act.
continued at Daily Kos...
