U.S. Republican Sen. Bob Corker weighs in

Corker criticized the "cap and trade" proposal to reduce carbon emissions, saying it would have transferred $6.8 trillion in wealth to the federal government and that Sen. Barbara Boxer of California was already making plans on how to spend the money. Corker proposed an amendment which would have required that money to be returned to the taxpayers. The amendment failed, but Corker said it helped bring attention to the true cost of the bill and rally opposition to it among midwestern Senators, who realized that it would increase energy costs and make their states' industries less competitive.

"I don't think that cap and trade will happen this year," said Corker.

The Presidential Shell Game | Chicago Daily Observer

When the Administration announces that all bills will be made public thirty days before being introduced, cap and trade is brought to the House and passed without such notice.

Carbon tax better: Clinton official

TRADING of emission permits around the world will become a financial rort that fails to reduce carbon emissions - and will ultimately be scrapped in favour of a simple carbon tax, a former senior official in the Clinton administration has forecast.

Robert Shapiro, former US undersecretary of commerce and author of Futurecast, predicted that the US Senate would reject the emissions trading scheme proposed by President Obama, which is now before it.

New questions in the climate change debate -- essential ethical and philosophical perspectives

The earth is on fire. So we need to both act fast and think carefully about what we are doing.
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"Countering climate change requires large changes to our lifestyle..."