Bloomberg is reporting that the Senate has postponed the introduction of a global warming bill until later in September than originally planned. The Senators from both parties realize that passing a large tax during a recession, with the American people watching, will result in lost seats due to the current souring political climate. They also must realize that any such legislation would come down to a close vote since they cited Sen. Kerry's absence (hip surgery) and Sen. Kennedy's empty seat as the key reasons for the delay.
With all of the dialog now focused on the healthcare debate, don't forget the fact that there are more bills floating around out there full of "hope and change."