Lugar will not support current cap & trade bill

“I don’t see any climate bill on the table right now that I can support … We really have to start from scratch again…”

Senator Richard Lugar (R-IN)

This article, Lugar makes it clear that he will not support the current Kerry-Boxer Senate climate bill. The chief reasons reported for his refusal include the profound negative economic impacts on coal-using and coal-producing states.

Lugar has been a consistent voice in the choir calling for some form of climate legislation and his farming operation in Indiana has long served as an offset provider for the Chicago Climate Exchange. So his refusal to back the current crop of climate legislation was a significant setback for the embattled legislation.

19. November 2009 by Jason Hayes
Categories: Cap & Trade, carbon, Climate Change, Emissions, Policy | Tags: , , , | Comments Off on Lugar will not support current cap & trade bill