‘Cap and Trade’ Loses Its Standing as Energy Policy of Choice

New York Times
"WASHINGTON — Less than a year ago, cap and trade was the policy of choice for tackling climate change. .....Today, the concept is in wide disrepute, with opponents effectively branding it “cap and tax,” and Tea Party followers using it as a symbol of much of what they say is wrong with Washington. Mr.Obama dropped all mention of cap and trade from his current budget. And the sponsors of a Senate climate bill likely to be introduced in April, now that Congress is moving past health care, dare not speak its name."

H/T Climate Depot