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Obama Acknowledges Senate Unlikely To Adopt Pollution Limits

Newscom / x10

The remarks represent the first time the President has acknowledged that the Senate may not be willing to adopt a cap and trade system: the central feature of the climate change initiative that Obama ran on during the 2008 campaign.

Obama's tacit acceptance of the move to drop emissions pricing from a comprehensive climate and energy bill appears to make that result only more likely--and will likely raise the ire of environmentalists, who see an emissions market as key to addressing the dangers of climate change.

[ed. note: This post has been edited from the original.]

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Brian Beutler is TPM's senior congressional reporter. Since 2009, he's led coverage of health care reform, Wall Street reform, taxes, the GOP budget, the government shutdown fight and the debt limit fight. He can be reached at