Democrats abandon comprehensive energy bill

Full Story msnbc.com

WASHINGTON — Senate Democrats on Thursday gave up plans to attempt to pass an energy-global warming bill that caps greenhouse gases, abandoning a priority of President Barack Obama.

Senate Majority Leader Harry Reid said no Republican was willing to back a comprehensive energy bill, a development he called “terribly disappointing.”

Democrats have been trying for more than a year to pass a plan that charges power plants and other large polluters for their heat-trapping carbon emissions, which contribute to global warming. The House voted 219-212 last year for a “cap and trade” plan featuring economic incentives to reduce heat-trapping gases from power plants, vehicles and other sources.

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