Muckraker: Grist on Politics

Backtracking on comments made earlier this month, House Speaker Nancy Pelosi (D-Calif.) now says she intends to schedule a vote on a climate bill before December, when world leaders are slated to meet in Copenhagen to hammer out a successor to the Kyoto climate pact.

Speaking to Bay Area reporters on Wednesday, Pelosi said she intends to have a cap-and-trade bill passed before the U.N.-sponsored summit, according to a report in today’s San Francisco Chronicle. The legislation, she said, would help bring in funds to support other green initiatives.

“I believe we have to because we see that as a source of revenue,” she said. “Cap-and-trade is there for a reason. You cap and you trade so you can pay for some of these investments in energy independence and renewables.”

Grist thanks its sponsors. Become one.

The collective environmental movement nearly had a melt down a few weeks ago when Pelosi said that while she has the votes to pass a climate bill in the House, it might not happen in 2009.

“I’m not sure this year, because I don’t know if we’ll be ready,” Pelosi said in a press conference on Jan. 6. “We won’t go before we’re ready.”

Henry Waxman (D-Calif), whose Energy and Commerce Committee is likely to lead any House action on climate legislation, said last week that he intends to have a climate bill ready by Memorial Day.

Grist thanks its sponsors. Become one.