Sunday, April 25, 2010 7:17:54 AM
Graham Bolts From Climate Talks, Dimming Hopes for U.S. Bill
April 25 (Bloomberg) -- Republican Senator Lindsey Graham of South Carolina pulled out of negotiations to forge a climate- change bill, protesting what he called a “cynical ploy” by Democrats to focus instead on immigration.
Graham’s move dimmed hopes for legislation that he was set to unveil tomorrow with Senators John Kerry, a Massachusetts Democrat, and Joseph Lieberman, a Connecticut independent, after more than six months of work. Their proposal won support from utilities such as Exelon Corp., and people close to the matter said last week that oil companies including ConocoPhillips were prepared to sign on.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ahfFuoO0LPJU#
This is just a posturing move. Monday will tell us what pressures can be put on the Legislature to commit to action.
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