Tags: mcconnell | cap | and | trade | dead | senate

McConnell: Cap and Trade Dead in Senate

Tuesday, 24 Aug 2010 12:41 PM

Senate Minority Leader Mitch McConnell says that cap-and-trade energy legislation is "dead" in the Senate.

Echoing other opponents of the Obama administration's climate change initiative, McConnell told a local chamber of commerce in eastern Kentucky that a "national energy tax" has no future this term, and probably will never have a chance again if the GOP sweeps the midterm elections as predicted by many pollsters.

“I think cap-and-trade, which is also known as the national energy tax, is dead in the United States Senate,” McConnell said, according to The Hill.

The Senate failed to reach an agreement on a comprehensive energy bill that included caps on greenhouse gases earlier this year after Democrats failed to garner enough support in the face of widespread Republican opposition. McConnell's statement represents the boldest pronouncement yet from a top lawmaker as members gear up for the midterm elections.

Already passed by the House, the cap-and-trade plan was once one of the most important pieces of legislation pushed by Obama. Republicans say it would stymie the economy and job creation at a time when it has struggled to emerge from the recession. Democrats see it as a key measure to help reverse the effects of global warming.

Senate Majority Leader Harry Reid sought to bring to the floor a smaller energy bill and legislation addressing the BP oil spill, which occurred in April, The Hill reported. But the Senate has not yet been able to debate either on the floor.

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