Today, Senators Graham, Kerry, and Lieberman were expected to
release their cap and trade bill.  However, immigration reform put a
damper on that.  However, this is a bill that definitely should be on
the radar screen.

When (if) the bill is introduced, there will be lots of fanfare
about how oil companies and utility companies support the bill (or at
least aren?t opposing it).

However, there?s a reason for this support.  They are being bought-off.

Don’t be fooled by the fanfare.  While the environmental extremists and utility and oil companies
benefit, the public will get harmed by a massive energy tax that will
cut jobs, reduce personal income, and have a disproportionate impact on
the poor.

From a political perspective: Why would Republicans want to support this energy tax and thereby undermine any momentum they have as a result of opposing the health care bill?

Read my more detailed post on this issue at CEI’s Globalwarming.org