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The Bleak Future Of Cap-And-Trade Legislation

Law360 (December 9, 2010, 2:26 PM EST) -- As the 111th Congress concludes its lame duck session, it is clear that it will make tax policy its main, if not exclusive, priority. Senate Republicans, for example, have indicated their intention to filibuster any legislation until an extension of the current tax rates is enacted.

When the 112th Congress begins its session in January, however, the most significant effect of the 2010 midterm elections on federal environmental law and policy will likely be the suspension, if not outright death, of any legislative effort to create...
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