Word: liebermanically
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Dates: during 2000-2009
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...presumptive GOP nominee, fall in love with the idea. What's more, it works. Cap and trade was used in the 1990s to limit sulfur dioxide emissions and help tame acid rain. The most promising piece of green legislation now on Capitol Hill, co-sponsored by independent Senator Joseph Lieberman of Connecticut and Republican Senator John Warner of Virginia, is a cap-and-trade proposal. The bill is popular, but that doesn't mean it's going to pass. For some fence sitters, the chief obstacle isn't ideology--it's geology...
...coal industry would prefer not to go out of business, and it is trying to delay big emissions cuts for a decade or two, until it perfects the technology to capture and store the CO2 its power plants emit. Lieberman and Warner won't delay those cuts (Clinton, Obama and McCain don't want to either), but they want coal to survive, so their bill gives the industry $235 billion for R&D over the next 20 years. Even so, politicians who represent what's left of America's coal-fired industrial heartland aren't rushing to support the bill...
What's more, trading pollution allowances could raise hundreds of billions of dollars. Clinton and Obama want all the allowances auctioned to the highest bidder, a position McCain would not accept. The fossil-fuel industries want them given away. Lieberman-Warner uses a mix of giveaway and auction, a seemingly fair approach but one that has split enviros--some of whom see the bill as weak. Industry is ambivalent too. The National Association of Manufacturers is dug in against the bill. A large and growing number of corporations know that a cap is inevitable, though few have come...
Senator Joseph Lieberman has become something of an agent provocateur in the semiannual Petraeus-Crocker hearings staged by the U.S. Senate. This semester he chose to open his remarks by chastising unnamed colleagues for having a "hear no progress ... see no progress ... speak no progress" attitude about the war in Iraq. That may have been true in the past, as there was no progress. This time, however, nearly all the Senators, including most Democrats, opened their comments by praising the general and the ambassador for their fine work-noting the reduced casualty rates and the success against al-Qaeda...
...question was more diabolical. He was saying, Hey, al-Qaeda's on the run, and Iran is probably more interested in harassing the U.S. military than having another war with Iraq. How much better does the situation need to be for us to leave? He had taken Joe Lieberman's dart and beaten it into a plowshare...