The climate-change bill which has been working through the Senate has little hope for passage, The Washington Post reported Monday. The potential bill favors a cap-and-trade system, which would let companies buy and sell permits to emit greenhouse gas. Key Republicans are lining up against the bill even as Sen. Lindsay Graham, Republican of South Carolina, has come out for it. Making matters worse for those who would like to see new legislation, Democratic senators from industrial states appear to be balking, fearful that new rules will hurt industry and consumers.
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