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Lindsey Graham Discovers Cap-and-Trade Is a Bad Idea

Lindsey Graham has had an encounter with reality — whether it is political or scientific is uncertain. But for whatever reason, he is starting to make sense:

How close is the Senate to a bipartisan climate deal? Here’s the Democrats’ best hope for compromise — Lindsey Graham, at a press conference today: “The science about global warming has changed. … I think the science is in question. … I think they’ve oversold the stuff.”

Instead of the cap-and-trade monstrosity he had been hawking, he has signed on to a bill by Sen. Richard Lugar:

Lugar’s bill focuses on cutting foreign oil dependence mostly through vehicle fuel efficiency programs that extend current federal standards but with various waiver options. Long-term, predictable increases in fuel efficiency standards, Lugar says, will encourage innovative technologies and lead to American job growth. The bill calls for expanding nuclear power by increasing federal loan guarantees, retiring aging coal plants that don’t comply with environmental regulations, and requiring federal buildings to exceed national standards when possible, thereby increasing taxpayer savings. It calls for a 30 percent reduction in carbon emissions by 2030.

If parts of that don’t sound all that great, don’t worry. It’s not going anywhere. But the better news is that no bill is going to pass. As for the original bill, Graham now sounds almost reasonable: “I do buy into the idea that carbon emissions are not good for the planet as a whole but they’re not going to get 60 votes to save the polar bears.” And by the way, the polar bears are doing just swell.



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