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...legislation this fall, it's looking increasingly as if the U.S. will go to Copenhagen with no national carbon caps in place. Senate majority leader Harry Reid told reporters on Sept. 15 that the Senate might have to wait to act on cap and trade until after tackling health care and banking reform. "We still have next year to complete things if we have to," he said...

Author: /time Magazine | Title: Another Health-Care Casualty: Cap and Trade | 9/16/2009 | See Source »

Reid's spokesperson backed off those comments the next day, indicating that the schedule hadn't yet been set, but with the health-care debate threatening to stretch from now until the end of the world, it's becoming increasingly difficult to see how cap and trade could be finalized before the Copenhagen summit begins in December. And given how controversial cap and trade remains even among many Democrats in the Senate - Republicans remain almost unanimously opposed - action in the election year of 2010 might be even tougher. (Watch a TIME Climate Central video...

Author: /time Magazine | Title: Another Health-Care Casualty: Cap and Trade | 9/16/2009 | See Source »

...country will judge Obama’s first-term success based on the fate of health-care reform. Everyone knows it, and the national debate reflects this reality. However, the craze has pushed a second reality into the shadows: that the grand arc of history will evaluate Obama’s success as much based on his administration’s actions to combat climate change as on its health-care reforms...

Author: By A. patrick Behrer | Title: Don't Forget Waxman-Markey | 9/16/2009 | See Source »

...Obama has acknowledged that he is not the first president to try to reform health care, but he plans to be the last. This will not be the case. Regardless of what Obama is able to achieve today, the U.S. will undergo more health-care reform in the future, when evolving circumstances will require policies that we cannot predict now. As a result, there must be reform in the future in order to keep up with changes in how we receive health care. You cannot say the same for climate-change policy. If we fail to act now, there...

Author: By A. patrick Behrer | Title: Don't Forget Waxman-Markey | 9/16/2009 | See Source »

...Waxman-Markey Bill, which the House passed in July, is a strong step in the right direction. But much of the public momentum behind the bill stalled after it was sent to the Senate and health-care debates took over. This is not to suggest that people have completely forgotten Waxman-Markey. Power companies and other opponents of the bill have quietly continued to lobby for lower restrictions and decreased stringency in the proposed cap-and-trade system. An op-ed in the Philadelphia Inquirer over Labor Day lambasted the bill for the supposed job losses it would cause...

Author: By A. patrick Behrer | Title: Don't Forget Waxman-Markey | 9/16/2009 | See Source »

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