For those of us who had been holding out hope for a comprehensive bill that would curb U.S. climate emissions and promote renewable energy, disappointment and frustration have officially set in.
The Senate has scrapped plans for an attempt to push through a climate bill this summer.
This is especially disturbing because the proposals being considered were designed to meet the industry halfway by using market-based solutions that allow companies to reduce emissions in the way that they believe is most cost-effective. This approach diverges from the approaches used before in the Clean Water and Clean Air Acts, for example. But industry still shot it down.
Sadly, this is a classic example of “political reality” versus “real reality”.