The Associated Press May 18, 2010, 1:08PM ET

Neb.'s Nelson denounces cap-and-trade measure

U.S. Sen. Ben Nelson of Nebraska says he does not see proposed climate-change legislation having enough votes to pass in the Senate.

The Nebraska Democrat says in his weekly column that he has received many letters, calls and e-mails from Nebraskans who fear the proposal could hurt the U.S. and state economy. Nelson says he shares those concerns.

Nelson says it "is highly doubtful that 60 votes can be found to move it forward."

Under cap and trade, emissions of heat-trapping gases from power plants, refineries and factories would face increasingly more stringent limits, or caps. Companies could then invest in pollution-reducing technologies, or buy and sell permits to meet the cap, which is the trade portion.

BW Mall - Sponsored Links

Buy a link now!