Waxman-Markey, or some derivative thereof
The NYTimes has an article about the wheeling and dealing going on to get the Waxman-Markey climate/energy legislation through the House [LINK]. It sounds so dirty and counterproductive, but I guess that is how things work in Congress, and without substantial changes to the system, it is the way it has to be. In the end, the Senate is likely to pass the bill, and Obama will sign it into law, and then the USA will finally enter the 21st Century on energy/climate legislation. The questions will remain though: Is it enough? Will it be regulated strongly enough? Do the new rules constrain more powerful action in the future? I don't know the answers to these questions, but with the atmosphere holding 386+ ppm of CO2 [LINK], something has to be done now, so I have to at least support the spirit of the bill. With the recent Copenhagen Synthesis Report urging action, the USA needs to position itself as a leader (if a tardy one) in the mitigation of climate change.