Word: warner
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Dates: during 2000-2009
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...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's a huge...
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...
...Clinton and Obama released strong climate proposals that build on the cap-and-trade idea. But as McCain girded for primary battles against skeptics like Mitt Romney, he throttled back his leadership on the issue, missing every environmental vote of the year. Lieberman teamed up with Virginia Republican John Warner to produce a bill that is more detailed and ambitious than the ones Lieberman and McCain worked on. With the backing of California Democrat Barbara Boxer, the fierce, deep-green chairman of the Senate Environment and Public Works Committee, Lieberman and Warner added provisions to protect low-income consumers...
That took some guts, but this issue may soon test the limits of his courage. McCain hasn't yet promised to vote for the Lieberman-Warner bill. (He's holding out for a package of nuclear incentives - even though cap-and-trade is a built-in incentive for all low-carbon energy, including nuclear.) And in his big Portland speech, he ducked one of the central issues of the entire climate debate: how to get China on board. There are really only three options for this. First, the U.S. commits to emission reductions and figures out China later. That...
...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...