Climate Bill Gets a Boost

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The KGL team — that’s senators Kerry, Graham, and Lieberman for those of you not up to speed with current Beltway lingo — anounced yesterday that they’ve gotten key business support for their climate bill:

The Edison Electric Institute — whose members generate the bulk of the nation’s electricity — and two of its influential CEOs, Exelon’s John Rowe and Duke Energy’s Jim Rogers, will declare their support Monday, sources said. While Kerry did not name the three oil companies, a source familiar with the negotiations said Shell, BP and ConocoPhillips would back the climate measure.

And why did these folks decide to support the bill? Here’s the big payoff:

The bill will preempt both the states’ and EPA’s ability to regulate greenhouse gases under the Clean Air Act, as long as emitters comply with the standards outlined in the measure. The EPA will monitor and enforce compliance with the law.

That’s pretty much been the plan all along: use the threat of EPA action to gain support from Republicans and the business community. It seems to be working on the business community, so the only question left is whether it will work on Republicans. Normally I’d say no, but the threat of EPA action is quite real and might prompt the GOP’s business wing to put some serious pressure on them to get this bill passed. That will mean standing up to the “carbon taxes are tyranny” crowd in the tea party movement, but in the past the business wing of the party has usually won these kinds of showdowns. It’s still not clear if there’s enough time on the congressional calendar to pass a climate bill this year, but at least the odds are now a little better. Kate Sheppard has more details here.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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