“Cap-and-trade” isn’t part of the Obama administration’s lexicon anymore when it comes to addressing climate change, a top cabinet secretary said Wednesday.
Interior Secretary Ken Salazar sent signals that the White House believes the controversial climate change regulatory system, which passed through the House last year, was unlikely to emerge from Senate talks on a compromise energy and climate bill.
“I think the term ‘cap-and-trade’ is not in the lexicon anymore,” Salazar, a former senator, said during an interview on CNBC when asked if the climate change regulation system would be abandoned.
But not to worry: the “Obama Energy Tax” is alive and well.