Republican candidate Scott Brown has won the race to replace the late Senator Ted Kennedy in Massachusetts and, as I wrote earlier today, this does not bode well for the clean energy and climate change legislation currently being considered in the Senate.
Up until a couple of weeks ago this was seen as an easy win for the Democratic candidate Martha Coakley, but as the polls began to tighten, the political punditry began to speculate what a Republican win would mean for President Obama’s health care reform package. In a nutshell, and without getting into wonky talk about super-majorities and the like, a Brown win in the Bay State most likely means health-care-for-all is dead in the water.
While the ramifications for the health care package have rightly been the talk of the town and the cable news talking heads, there are other parts of Obama’s plan that will also suffer. One of the biggies is the American Clean Energy And Security Act, also known as the Waxman-Markey bill or the green jobs/clean energy bill.
ACES proposes, among other things, to invest in renewable energy, energy efficiency incentives for homes and buildings, grants for green jobs and a cap-and-trade program that aims to reduce economy-wide greenhouse gas emissions 17 percent by 2020.