Landrieu Caucus Grows ‘Raucous’ - Vladimir’s blog - RedState

The next loudest cheers followed on a doctor’s statement about the need for “tort reform” and a questioner who said, “We need to stop President Obama from getting cap-and-trade.” The same man brandished a copy of the U.S. Constitution and said, “Where does the federal government get any right to stick its hands anywhere in the health care system.”

Obama Faces Uphill Climate-Change Battle - Forbes.com

Outlook. Senate passage of a cap-and-trade emissions reduction regime this autumn is less than a 50-50 proposition; it is much more likely that Congress will approve an energy bill that promotes a renewable energy standard for electricity production. If cap-and-trade fails this year, Obama may attempt to revisit a simpler carbon tax scheme in 2010 as economic recovery gathers pace.

Intrade suggests that cap and trade has about a 1 in 8 shot of passing this year - CAP.TRADE.DEC2009 12:16