Climate Bill Passes the House

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The Waxman-Markey climate bill narrowly passed the House today. The vote was  219 to 212.

As we’ve noted, the bill’s cap and trade approach is promising in many respects but might create a dangerous market in carbon derivatives (or not). Even before it was watered down and porked-up with gifts to biofuels industry, it never achieved the kind of emissions cuts that scientists and European governments say are needed to avert catastrophic climate change. Recent polls had shown that most people believe in the need to regulate emissions, yet the Obama administration framed the issue as a jobs bill, apparently believing the environmental message wouldn’t stand up to attack. Environmental groups were deeply divided over the bill, and Greenpeace ultimately opposed it.

It now heads to the Senate, where it is likely to find more support from moderate Republicans than in the polarized House. Even so, I’ve been told by some environmental campaigners that the Senate isn’t any more likely to strengthen the bill.

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And we won't beat around the bush: Our fundraising drive to finish our current budget on June 30 and start our new fiscal year on July 1 is lagging behind where we need it to be.

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If you're new to Mother Jones or aren't yet sold on supporting our nonprofit reporting, please take a moment to read Monika Bauerlein's post about our priorities after these chaotic several years, and why this relatively quiet moment is also an urgent one for our democracy and Mother Jones’ bottom line—and if you find it compelling, please join us.

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