It's always been an intractable political issue, but the number of reports indicating that new cap-and-trade legislation is hitting a lot of snags is remarkable for a couple reasons. The first is that the bill in question--the American Clean Energy and Security Act--has been introduced in the House, where legislation can be fast tracked much more easily than it can in the Senate. The second is that it's lead sponsor, Energy and Commerce Committee Chair Henry Waxman (D-CA), is an extremely talented legislator, who has put a tremendous number of professional resources into making sure the government addresses climate change.
Almost two weeks ago, worried that the bill would stall, Waxman had to delay its first markup hearing. Then, last week, a rift emerged between Waxman and Rep. Chris Van Hollen (D-MD), chairman of the Democratic Congressional Campaign Committee, over the viability of passing major energy legislation this year. Now, House Blue Dogs are trying to torpedo the bill, and Waxman has been put in the position of promising to provide manufacturers and energy producers with billions of dollars worth of free pollution permits under its terms.
And that's all before there's been a single vote on it. We'll keep tracking the bill's progress. Climate change legislation reportedly remains President Obama's and Speaker Pelosi's chief legislative priority. But these developments must come as unwelcome news both to them and to the environmentalists who came out quickly in praise of the bill when it was released earlier this spring.