Deep freeze ahead for carbon cap bills - POLITICO.com

Stung by the failure to secure a Senate vote on climate and energy legislation and wary of a possible GOP-led Congress, leaders at some of the country’s most influential green groups are moving cash and staff away from cap and trade.
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“The era of the big bill I think is over,” said an environmentalist whose group has not yet come out publicly on the issue.
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The Sierra Club is spending $18 million and has 100 people across the country working on challenges to coal-fired electricity, said Michael Brune, the group’s executive director. He hopes to increase the budget to $25 million next year.
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Kevin Knobloch, the president of the Union of Concerned Scientists, doesn’t want to give up on cap and trade as the method of curbing carbon dioxide emissions, but said it’s apparent the next window for such a bill won’t be until 2013 — assuming President Barack Obama either wins a second term or a climate-friendly Republican takes office.