Nelson: Cap & Trade "Highly Doubtful"

By: AP Email
By: AP Email

Senator Ben Nelson doesn't see climate-change legislation having enough votes to pass the Senate this year.
The Nebraska Democrat says in his weekly column that he has
received many letters, calls and e-mails from Nebraskans who fear
the proposal could hurt the U.S. and state economy. Nelson says he
shares those concerns.
Nelson says it "is highly doubtful that 60 votes can be found
to move it forward."
Under cap and trade, emissions of heat-trapping gases from power
plants, refineries and factories would face increasingly more
stringent limits, or caps. Companies could then invest in
pollution-reducing technologies, or buy and sell permits to meet
the cap, which is the trade portion.

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