Reid faces balancing act crafting energy and climate legislation - The Hill's E2-Wire

Reid faces balancing act crafting energy and climate legislation - The Hill's E2-Wire:

By Darren Goode and Ben Geman - 07/12/10 06:00 AM ET

"The most aggressive option to putting a price on carbon would focus on the electric utility sector and potentially later on manufacturing and other stationary sources of pollution.

Kerry and Lieberman had been trying for a three-sector carbon pricing approach but that option does not appear feasible. They had floated the idea of doing a “utility plus” approach – where power plants would be targeted first and followed later by manufacturers and perhaps other stationary sources – but may be merely one of several options.

A third is a further scaled-back “utility only” option but even that has its detractors."