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Washington (AFP) March 25, 2010 A Republican US Senator said Thursday that he and Democrats working on climate change legislation would unveil a new bill in mid-April, but warned that a "cap and trade" proposal was "dead." "I will continue to work on producing that new product, a new way to achieve energy independence, create jobs, clean up the air and hopefully we'll have something for you after the Easter break," said Senator Lindsey Graham, referring to a two-week recess that ends the week of April 12. Graham said he was working with Democratic Senator John Kerry and Independent Senator Joe Lieberman on the bill and that they hoped to rally "the right coalition of business and environmental groups" behind it. "We're looking at a sectoral approach to replace the cap-and-trade system, which is dead, by the way. There will never be a cap-and-trade bill passed by the United States Senate," the South Carolina lawmaker told reporters. Last year President Barack Obama was urging lawmakers to pass an energy package that would include a so-called cap and trade system, which would limit emissions of greenhouse gases for manufacturers and permit companies to trade the right to pollute to other firms. The program would also force heavy polluters to buy credits from companies that pollute less, creating financial incentives to fight global warming. Graham said the new climate change legislation should set a price on carbon pollution blamed for global warming, promote offshore drilling for oil, the construction of new nuclear plants, and development of renewable energy sources and other "clean" technologies while weaning the United States off oil imports. "I will continue to work with Senators Kerry and Lieberman to produce a new bill that has a new focus that will lead to energy independence, create the jobs that we will need to become a vibrant, viable economy in the 21st century, and a green economy and clean up the air," he said. "Where it goes from there, I do not know," said Graham.
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