Surrendering in advance: just how the Democrats roll

"I think it's unlikely we will pass a cap-and-trade bill with 100 percent auction."

-- Sen. Jeff Bingaman, giving away a crucial element of good climate policy before negotiations have begun

“I think it’s unlikely we will pass a cap-and-trade bill with 100 percent auction.”

— Sen. Jeff Bingaman, giving away a crucial element of good climate policy before negotiations have begun

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Grist is the only award-winning newsroom focused on exploring equitable solutions to climate change. It’s vital reporting made entirely possible by loyal readers like you. At Grist, we don’t believe in paywalls. Instead, we rely on our readers to pitch in what they can so that we can continue bringing you our solution-based climate news. Donate now, and your gift will be matched dollar for dollar.

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