According to Myron Ebell of the Conservative Enterprise Institute, the “cap-n-trade” bill has been removed from the Senate calendar for now. His note said: After another meeting of Senate Democrats on Thursday, Majority Leader Harry Reid announced that the anti-energy package he plans to bring to the floor next week will not include cap-n-tax. He said that he will be happy to bring cap-n-tax to the floor later in the session if Kerry can produce 60 votes. The package Reid hopes to bring to the floor includes four titles: BP oil spill provisions; energy efficiency measures; natural gas vehicles, especially heavy-duty trucks; and something on the Land and Water Conservation Fund, which is an appropriated trust to buy federal land and turn it into federal land funded from oil royalties. The major item is probably the title on natural gas vehicles and might be called the Boone Pickens Taxpayer-Funded Payoff.
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