Obama needs to engage GOP on climate [hoax] bill: expert | Environment | Reuters

"To get the bill through the Senate, the President is going to need to engage much earlier, directly with the Senators and reach out to the moderate Republicans," said Elliot Diringer, a vice president at the Pew Center on Global Climate Change.
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Speaking at a press briefing in London, Diringer said he is not ruling out the Senate passing the bill this year, but warned that it is unlikely it will make it through the conference committee stage until 2010 at the earliest.

EXCLUSIVE-Sandor says expects US climate [swindle] law by April 2010

CHICAGO, July 7 (Reuters) - Richard Sandor, founder and chairman of the Chicago Climate Exchange, said on Tuesday that he expects the U.S. Congress to pass a comprehensive climate change bill by April 2010.

"I'm an economist, not a political forecaster. But if I were then to take a shot ... I would make a market of Oct. 1 '09 to April 1, '10. I do think there is a chance that we can get it done in that time frame," Sandor told Reuters in an interview.

Sandor, an innovative and key figure in the history of the global derivatives industry as the creator of some of the first financial futures markets, also said that regulation of carbon trading and exchange-cleared contracts is essential.

It is "critical," he said. "You can't mess around when there is a daily transparent market."

Sandor also scoffed at notions of "carbon taxes" as out-of-date and said that it was more realistic to expect regional carbon-trading schemes develop first around the world before any global scheme could be effective.