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Reply #10: Graham is an ass but a bill is better than no bill and Graham is a necessary evil to get 60 votes. [View All]

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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-27-10 10:24 AM
Response to Reply #7
10. Graham is an ass but a bill is better than no bill and Graham is a necessary evil to get 60 votes.
Edited on Tue Apr-27-10 10:28 AM by Statistical
There will be no reconciliation route for Climate Change Bill. Even if you assume 95% Democratic support (not going to get votes in coal country or from all Blue Dogs) that means 6-8 Republicans are needed. Reality of the situation and it is unlikely to change in our favor in 2010.

The bill is weak, $25 per ton of carbon isn't high enough but it is a lot better than $0.00 per ton of carbon.

Even more important it shows utilities that carbon is no longer free. It provides them a glimpse into the future. Yeah it might only be $25 in 2013 but it will likely go up and up and up. Not only will fossil fuel prices continue to rise but carbon prices rising creates a one two punch of fossil fuel powered thermal plants. Utilities are long term planners. $25 per ton carbon today likely mean $100 - $200 per ton carbon by the time a plant built today reached end of life.

Without the bill we push the ball down the court until after the elections and if the elections go against us the bill in 2011 may be weaker than the one we could pass right now. So a delay for an even weaker bill.

Reid totally fucked this one up and it shows where his priorities are (not with climate change).
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