Forbes: Cap 'n Trade in Trouble, Alternative Energy Bill More Likely

From Forbes:

Senate passage of a cap-and-trade emissions reduction regime this autumn is less than a 50-50 proposition; it is much more likely that Congress will approve an energy bill that promotes a renewable energy standard for electricity production. If cap-and-trade fails this year, Obama may attempt to revisit a simpler carbon tax scheme in 2010 as economic recovery gathers pace.

Read More @:
www.forbes.com/2009/08/27/energy-reform-carbon-gas-business-oxford-climate-change.html

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