Word: warners
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...state's power brokers, Obama appears to have a lead at the grassroots level, and his continued fund-raising advantage reflects that; in March, Indianans gave some $218,800 to Obama's campaign, and $79,600 to Clinton's. "Our goal is to create an army," says Troy Warner, 37, a South Bend electrician who over the last year has become a committed Obama activist, helping to recruit hundreds of volunteers and spread his candidate's message. In February 2007, Warner's wife prodded him to read Obama's book The Audacity of Hope. Soon he was logging onto www.barackobama.com...
...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...
When Lieberman-Warner reaches the Senate floor, probably in June, the talk has to get serious. Clinton voted for the bill in committee, but may abandon the bill if it moves to the right in search of votes. (The bill's champion, Senate Environment Committee chairman Barbara Boxer, has vowed not to let that happen.) McCain hasn't embraced the bill, even though he has a real record on the issue. He and Lieberman sponsored cap-and-trade bills in 2003, 2005 and early 2007, when most Senators were missing in action. During the primary, he downplayed that history...
...original version of this article incorrectly stated that Senators Hillary Clinton and Barack Obama are co-sponsors of a cap-and-trade environmental bill being sponsored by Senators Joseph Lieberman and John Warner. Neither Clinton nor Obama is co-sponsoring the legislation, though Clinton did vote for the bill in committee. Also, the story originally stated that 25 U.S. states get a quarter or more of their electricity from coal. While true, that statistic understates America's coal dependence: those 25 states get half or more of their electricity from coal...