Republican House victory deals cap-and-trade a fatal blow

Even President Barack Obama realizes it, giving up on the controversial carbon emissions legislation at least for now.

However, in a sign that Obama will try to push his agenda forward through the regulator powers of his executive branch, there's no sign that the EPA will reverse its controversial decision to declare carbon dioxide a pollutant subject to the same kind of regulation that the most toxic of pollutants.

That certainly will bring a flood of lawsuits that would slow down implementation of the rule for the indefinite future. Even West Virginia Sen. John D. Rockefeller IV, a member of Obama's own party, has introduced legislation that would bar the EPA from regulating greenhouse gases for two years. 

The GOP romp even has cap-and-trade advocates pessimistic about movement on global warming action. 

The full story is in the Washington Times

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