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The debate over the Climate Security Act bill has made that clear trillions are at stake in global warming legislation. No surprise, then, that the Senate powerbrokers don’t want Barbara Boxer’s (D-CA) Environment and Public Works committee to have the only say on who gets what.
E&E Daily (subs. req’d) has the story of how the climate bill is likely to have a much longer and far more tangled journey next year:
Next year’s Senate climate debate is shaping up to be much different than the one that played out over the last 18 months as powerful committee chairmen express interest in vetting critical pieces of the controversial legislation.
Consider Senate Finance Chairman Max Baucus (D-Mont.), who said he will not close the door next year on writing the new climate bill section that deals with the distribution of trillions of dollars in auction and allowance revenue.
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