Open Thread

June 2nd, 2008 9:47 AM

For general discussion and debate. Possible talking point: Congress takes up a cap-and-trade bill to "address global warming" this week. For those interested, the bill and the key players are detailed here.

How is this going to go? Lots of papers over the weekend saw this bill as being DOA as some key corporations and political groups have backed away from supporting the legislation. Maybe more important, members of Congress on both sides of the aisle seem less interested in enacting laws that would raise energy prices with gas at $4 and oil at $125.

What are your thoughts? Where is this legislation going?