U.S. Won't Pass Carbon-Price Law for Power Generators This Year, Reid Says - Bloomberg

The U.S. won’t pass legislation this year that charges power plants a price for releasing carbon dioxide and other gases that scientists have linked to climate change, Senate Majority Leader Harry Reid said.

“It’s a cinch we’re not going to get it done this year,” Reid, a Nevada Democrat, said of the carbon-pricing plan today at an energy conference in Las Vegas.