We'd sing and dance, Forever and a day:
President Obama reminded Republicans Tuesday that cap-and-trade has GOP roots in a rare public reference to the embattled environmental policy.
“Cap-and-trade was originally proposed by conservatives and Republicans as a market-based solution to solving environmental problems,” Obama said during a fiery speech at a luncheon hosted by The Associated Press.
“The first president to talk about cap-and-trade was George H.W. Bush. Now you've got the other party essentially saying we shouldn’t even be thinking about environmental protection. ‘Let's gut the EPA.’ ”
Tuesday’s comments marked a rare mention of cap-and-trade by the president, who has largely eliminated the phrase from speeches during the last two years.Cap-and-trade is aimed at cutting carbon pollution from power plants and other sources by imposing an emissions cap and allowing trade-able pollution credits. A scaled-back version collapsed in the Senate in 2010.
With hopes of moving major climate legislation dashed — and as the issue became increasingly toxic in GOP circles — the president has focused on other energy issues such as improved vehicle fuel efficiency and expanded investments in renewables.
The debate during the last presidential election was about what sort of cap-and-trade we'd have.