Monday, June 21, 2010

New York Times: Kerry-Lieberman Better Than Other Climate Bills

The New York Times, in an editorial published today, endorsed the Kerry-Lieberman climate bill, saying "there are other honorable bills out there that have much to recommend them but fall short because they do not include mandatory greenhouse gas reductions or a price signal" on carbon.

The editorial expressed disappointment that in his recent address on the Gulf of Mexico oil spill, President Obama did not argue for a "broadly based, economy-wide cap-and-trade system," but instead "opened the door far too wide to alternative policies that aren’t real alternatives, and to more stalling."