McCain on Cap on Emissions

McCain co-sponsored the first mandatory cap-and-trade bill in the US Senate in 2003, the Lieberman-McCain Climate Stewardship Act. It was a worthy gesture for its time. But it did not pass the Senate.

He vocally opposed the 2007 watered-down version of the bill, Lieberman-Warner, for not piling on the nuclear hand-outs.

He is strongly opposed to a carbon tax. And, in an odd show of cap-and-trade jujitsu, he recently dared to suggest that the climate bill he supported is not a mandatory cap on emissions.