An Exercise in Unreality: Waxman-Markey

After months of hearings and backroom give-and-take, the House of Representatives on June 26 passed HR 2998, the American Clean Energy and Security Act of 2009, known as Waxman-Markey. The final draft of the bill was over 1,200 pages, and the House vote was extremely narrow: 219-212. Senate passage is uncertain. What is needed now as the Senate begins its deliberations is a clear idea of exactly...