Accelerate This Revolution: The Waxman-Markey-Bait-and-Switch

Talking about assumptions being made in studies on the Waxman-Markey bill, the central assumption used perforce in the National Association of Manufacturers and the American Council for Capital Formation’s analysis released Wednesday was that the American Clean Energy and Security Act‘s provisions are what is at play.

But one of the legislation’s authors concedes that if the law is enacted, he’ll want to return to it to “accelerate this revolution.” Here’s what Rep. Ed Markey said about the emissions limits in the Waxman-Markey legislation at a presentation last week at the JFK School of Government, Harvard.

Markey agreed with several questioners who said the bill’s energy efficiency and carbon reduction efforts should be more aggressive. But he said his work isn’t yet done.

“Yes, you can find deficiencies in the bill,” Markey conceded. “But this won’t be the last time we visit this. And we’ll be able to return to this in five or six years, and then in 10 years, and then in 15 years, to accelerate this revolution so that we’re the global leader.”

From NPR’s affiliate in Boston, WBUR.

There were many members of Congress who voted for H.R. 2454 only after the time for phasing in the carbon emission limits was pushed back. That was the bait. Rep. Markey has laid out plans for the switch.

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