The question seems to be whether Cap and Trade is the best method to achieve these goals. (And, how can Congress even make that decision, and vote on the bill when they haven’t read it? Heck, even Carol Browner, Obama's Energy Czar, hasn't read it....)
In theory, supporters of Obama, Hillary Clinton and John McCain shouldn’t be all that opposed to the Cap and Trade bill since all three candidates supported Cap and Trade during the primary. I don’t know if the proposals put forth by Clinton and McCain were similar to Obama’s, since, like Congress, I haven’t read the new bill.
Hillary Clinton and John McCain both supported cap and trade during the primary.
“Under Clinton's cap-and-trade plan, 100 per cent of carbon credits would be auctioned to polluting companies, with the proceeds going towards new technology investments and a program to help low-income families heat and cool their homes.My biggest concern regarding this bill is the argument that it will kill jobs. Obama flat out told his supporters before the election that he would cause their electric bills to skyrocket, so I assume this must not be a concern, at least for the 69 Million who voted for him. But, losing jobs is a major concern, especially now.
She also announced plans to increase investments in energy efficiency and cleantech R&D, set targets for a quarter of US electricity to come from renewables by 2025, and introduce legislation demanding all listed firms report on climate change risks.”
Obama – Energy Prices Will Skyrocket