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Cap and trade vote expected today, time, details



26 June 2009 @ 11:35 am ET
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UPDATE: 8:26 p.m. Cap and trade bill passes in U.S. after historic vote

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UPDATE: As of Friday 5:20 p.m. EST the U.S. House of representatives continued debating the climate bill. A spokeswoman for the Office of Speaker Nancy Pelosi said she did not know the time when the vote would take place.

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The U.S. House of Representatives could pass a major climate bill called the "American Clean Energy and Security Act" on Friday afternoon, a measure that will boost the development of clean energy sources in the country and increase commitment from the United States in the fight against global warming.

Lawmakers are expected to vote on the bill between 3:00 p.m. and 4:00 p.m. EST today, according to AFP. The Democratic party needs at least 218 from the 435 seats in Congress.

"We'll have the 218 votes," said today Steny Hoyer, Democratic House Majority Leader, according to the agency.

The bill proposes for the first time for the U.S. to set national limits on emissions of greenhouse gases from power plants, refineries and factories, also known as cap-and-trade.

The cap-and-trade system is an incentive for companies to find less polluting ways of generating power. The government will give companies permits to pollute, also called allowances. When a company exceeds this permit it can buy additional permits from others or would be forced to find ways to reduce its pollution.

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Comments
1.
Jun 26, 2009 2:53pm

Through lies, manipulation, intimidation and bribes, Obama's jobs killing, economy killing bill passed! Obama’s Cap and trade is another giant step towards Marxism — and the corruption, poverty, enslavement, destruction and despair that Marxism entails. Obama is working much faster than Hugo Chavez at imposing Marxism. No wonder the Russians are gloating: From Pravda: “…the American descent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people…” http://english.pravda.ru/opinion/columnists/107459-american_capitalism-0 We are NOT hapless sheeple! We must do whatever is necessary to defend ourselves and our children from the Marxist dictatorship that’s being set up in Washington.
2.
Jun 26, 2009 4:25pm

Obama an the Dems are desparately destroying this country. They are stealing our liberties before our very eyes. They must be stopped.
3.
Jun 26, 2009 5:07pm

This government has gone completely rogue. Check it out at http://www.democracygone.blogspot.com/
4.
Jun 26, 2009 6:25pm

I can't believe how many of you so-called Americans can sit back and watch Obama take our freedoms away from us, or better yet, how you can be persuaded into letting him and the Dems convince you it is for the good of the country. Where have your values gone? Stop being lazy and stand up to him, and let's take back our great country. We can't afford to be taxed any more, nor can we afford to lose any more freedoms! Take the "Obama" bumper stickers off your cars. It's okay to admit you made a mistake. We all do, but we can do something about it.
5.
Jun 26, 2009 6:32pm

Hey all you idiot liberals out there. Please explain to me how this idiot of a president is better than Bush again. I'm no Bush fan, but really, is this what you consider to be better. Taxing industry? You idiot liberals due realize that cost WILL be driven up, right. You do realize raising taxes on any business will mean higher prices for us, right. You due realize that business will also lay people off because of the higher taxation, right. I mean really, he's not even 6 months into his term and look at all he has done. 1) The rise in unemployment that HIS so called stimulus bill was suppose to stop is spiraling even faster out of control. His own pridiction is it will hit 10%. 2) The PROMISE that he would go through ALL bills line by line and wouldn't sign any bill with ear marks, yet he SIGNED one with over 9000 ear marks. 3) The war in Iraq that he said we would pull out of when he became president within 6 months. It's now been pushed to 18 months. He's also building up troops in Afghanistan for what exactly. I thought he was against war. That is what he said. 4) He said that he's going to cut taxes, yet he also said that he's going to repel or let the bush income tax just expire. Would that mean low income people will be taxed higher? 5) Cap and trade taxes on industry. Taxes that WILL be passed on through the everyday products you NEED. 6) He has spent more than every president combined from George Washington to George Bush. Yet are we better off? Seriously, are you idiot Obama fans really as stupid and brain dead as everyone says. So again I ask, is this idiot of a president really better than Bush was.
6.
Jun 26, 2009 7:12pm

CALL YOUR REPRESENTATIVES NOW!!! I just emailed my senators and congressmen to vote NO!!! I just heard the vote is being delayed and that the opposition is gaining ground!!! --gives us true Americans a chance to let our voice be heard--I am at a loss to understand this legislation..............
7.
Jun 26, 2009 10:57pm

We MUST march in Washington and demand that our government be given back to the people. The media is totally invested with the democrats. We must be willing to pay the price our founders paid to take this country back for future generations. The media did not take the tea party protests seriously enough to cover the viewpoint of working, tax-burdened mainstream Americans. The government does NOT represent the average American point of view anymore.
8.
Aug 14, 2009 3:29am

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