The New York Times
reported yesterday that Senate Finance Committe Chairman Max
Baucus (D-Mont.) has "serious reservations" about the Kerry-Boxer
cap-and-trade bill. Baucus wants to to lower the bill's 2020
target for greenhouse gas emissions and has also wants to attach
pre-emption language to the bill that prevents the EPA from
implementing the Supreme Court's 2007 decision opening the door
to new greenhouse gas emission standards.
"We cannot avoid a first step that takes us further away from an
achievable consensus from common-sense climate change
legislation," the NYT quotes Baucus as saying. "We could
build that consensus here in this committee. If we don't, we risk
wasting another month, another year, another Congress, without
taking a step forward to our future."