RGGI Bar: How Low Can You Go? - Environmental Capital - WSJ

The biggest U.S. experiment so far in capping greenhouse-gas emissions and trading those pollution permits has run into a problem: There are more permits than needed, sending their prices plunging.

$67 Billion a Year to Africa Because We Emit Carbon Dioxide » The Foundry

Indeed, the purpose of the AU is not to address global warming, but simply to secure financial transfers.

U.S. should regulate all carbon [swindle] trading-CFTC chair | Deals | Regulatory News | Reuters

WASHINGTON, Sept 9 (Reuters) - If Congress creates a cap-and-trade system to control carbon emissions, futures and cash trading should be under U.S. regulation with no exceptions, the top U.S. futures regulator said on Wednesday.

Cap and Trade in Senate Limbo as Obama Makes All-Out Push on Health Care - NYTimes.com

Gone is the immediacy for action on global warming, and there is even talk that passing a climate bill this year has faded to third place on the administration's agenda behind financial reform legislation that responds to last year's Wall Street meltdown.
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By contrast, EPW Committee ranking member James Inhofe (R-Okla.) predicted the climate bill's demise as Democrats battle amongst themselves over a costly new program.

"The delay is emblematic of the division and disarray in the Democratic party over cap-and-trade and health care legislation, both of which are big government schemes for which the public has expressed overwhelming opposition," Inhofe said.