Key Democrat Readying Carbon Trading Legislation Ahead Of Midterms

A top Democrat on the House energy committee is writing new legislation to create a federal greenhouse gas cap-and-trade system, the first such organized legislative effort since the early days of the Obama administration, and is poised to receive feedback on the issue from scores of stakeholder groups by next week. The effort could elevate the role that climate policy plays as Democrats head into midterm elections later this year with their eyes set on wresting control of the chamber...