Word: lieberman
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...vision. His plan is designed to be the climate policy that business can live with - to be pragmatic and "doable," as he says - so his targets for greenhouse gas reduction fall short of Clinton's, Obama's and those in the leading Senate climate bill, sponsored by Independent Joe Lieberman and Republican John Warner. (McCain would seek to reduce carbon emissions to 15 percent below 2005 levels by 2020, and 66 percent below 2005 levels by 2050.) All of the proposals amount to less than what the latest science says needs to be done to avert catastrophic warming, because there...
After targets, the big issue is cost. Where the Democrats want to make major emitters buy all their pollution permits at auction, McCain wants to give many of those permits away in the early years of the program. (So do Lieberman and Warner.) The idea is to reduce compliance costs for business, which is not a crazy idea for two reasons. First, the threat of huge new costs is one reason heavy industries don't support climate legislation. Second, those costs would inevitably be passed on to consumers. But despite generous use of free transitional permits, Lieberman-Warner hasn...
...mandatory cap-and-trade program that would gradually tighten limits on national carbon emissions, with the goal of reducing emissions to 60% below 1990 levels by 2050. (A number of similar bills have already been introduced to Congress, including one by McCain himself and another, by Senator Joseph Lieberman and John Warner, that has made it past the Senate's environment committee.) Like Obama and Clinton, and increasingly most mainstream environmentalists, McCain wants to let the private market do the work of cutting emissions, by effectively putting a price on carbon dioxide and thus incentivizing industry to find...
...argument there. But McCain's goals are weaker than those of Obama or Clinton - who call for 80% reductions by 2050, in line with recommendations from the U.N.'s Intergovernmental Panel on Climate Change - and weaker than the Warner-Lieberman bill, which is seen by many environmentalists as a compromise unequal to the scale of the cuts needed to avert dangerous warming. Though he didn't make this explicit in his speech, under his cap-and-trade plan McCain would initially give away most of the permits to emit carbon to industries, rather than auctioning them off, as Obama...
...media, the courts and the streets. In Recount, the enemy is often Democrats. Former Secretary of State Warren Christopher (John Hurt), elder statesman of Gore's recount effort, is portrayed as a wet noodle, fretting about honorable compromise while Baker goes to the mattresses. Gore's running mate, Joe Lieberman, hands the Bush team a gift by declaring that challenged military ballots should be counted. With friends like these, who needs Karl Rove...