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ARTICLE · 25 NOVEMBER 2008

Weekly Climate Change Policy Update - November 24, 2008

To those thinking that President-elect Obama might back pedal on cap-and-trade legislation in light of a difficult economy, the President-elect responded with a forceful statement of commitment.

United StatesEnergy and Natural Resources

Article by Kyle W. Danish, Shelley N. Fidler, Andrea Hudson Campbell and Kevin M. Gallagher

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Commentary

To those thinking that President-elect Obama might back pedal on cap-and-trade legislation in light of a difficult economy, the President-elect responded with a forceful statement of commitment. To those wondering whether the Boxer-Lieberman-Warner would be the starting template for activity in the Senate, EPW Chairman Barbara Boxer (D-CA) responded by saying that she would work to achieve the President-elect's goals for reductions, and would come forward with a "streamlined" program. To those who thought Senator Joseph Lieberman (I-CT) would ride off into the sunset on climate change, he responded by saying that he and Senator John McCain (R-AZ) would begin work on a new Lieberman-McCain bill. And to those who wondered who would lead the House Energy &

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