Senators predict anticipated climate bill will only cap emissions for utilities

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A bipartisan group of senators emerged Tuesday from a meeting with President Obama still divided over how to craft a climate and energy bill, with lawmakers predicting scaled-back legislation that would cap emissions from electric utilities rather than impose an economy-wide limit on greenhouse gases.

Last month Sen. John F. Kerry (D-Mass.) and Sen. Joseph I. Lieberman (I-Conn.) unveiled a bill that includes a broader emissions cap along with subsidies for the nuclear industry and limits on the Environmental Protection Agency’s ability to regulate carbon. Kerry said in an interview that they would make more concessions to win Republican support, but he added: “My question is, which is the compromise of any of the others? Show me the compromise.”

Full Story: http://www.washingtonpost.com/wp-dyn/content/article/2010/06/29/AR2010062902586.html