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Climate Bill Stalled for Now

The Senate has now made it clear that there will be no action on climate change in this session. The bill that had managed to work through the House will not be taken up by the Senate until sometime next year and given the political realities of an election year, the bill stands little chance of seeing the light of day.  Many of the Democrats from industrial states were opposed as they did not appreciate the pressure it would be putting on their business community. The potential loss of jobs would be significant and in areas that can ill afford any more losses. The opposition in the Senate is even more aggressive and it looks certain that any version of the bill will be dramatically altered.