Rave reviews are already rolling in. Dave Roberts of Grist.org, one of the most influential sites for environmental news and commentary, writes:
Overall, I'm pleasantly surprised -- even shocked -- at its quality. It's a deft mix of good politics and strong, substantive policy. Here are what I see as the three headlines:
* 100% auction of cap-and-trade credits. This is a home run, a real act of standard-setting boldness (the kind that Obama always promises but rarely delivers). The green community should immediately use it to push Clinton and Edwards into making the same commitment, insuring that it's the new baseline for any cap-and-trade program.
* Smart investment. The revenue from auctions will be considerable, up to $50 billion a year, and Obama's smart about putting it to work, dividing it between energy R&D, protections for low-income workers, and market deployment of existing clean tech.
* A focus on efficiency. Clearly Obama gets that efficiency is the easiest route to emission reductions, and he's got a set of thoughtful, detailed initiatives to make it work.
...with his promise to auction 100% of cap-and-trade credits, Obama has put himself out ahead of all the other frontrunners. He deserves the praise he'll get for it.
The Leage of Conservation Voters responds:
Senator Barack Obama has put forward an aggressive plan that would point America in the right direction toward a clean, renewable energy future, reduce greenhouse gas pollution and reverse the disastrous policies of the current Administration.
With the Obama plan in place, America would boldly regain its footing as a world leader in environmental protection and clean, renewable energy production.
Brian Beutler:
ere's my conclusion: It's extremely good. Exceptional in some places...
http://my.barackobama.com/page/community/group/ObamaHQ/
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