Prior to the speech Tuesday night, Luce had tried to anticipate what Obama would want to say:
But Mr Obama's larger objective from tonight's address will be to turn the catastrophe to his advantage by painting it as an overwhelming argument for putting a price on carbon in the US.Following the speech, I wrote: "The fact that Obama did not push for a carbon tax, a gasoline tax, or a carbon trading plan last night was surely significant." In the post, I explained how Obama even appeared to have used the speech as an opportunity to back peddle on this key issue. And I attempted to answer the question: Why?
According to senior Democratic officials on Capitol Hill, he intends to urge the Senate to pass an energy bill that would include some sort of mechanism for pricing carbon, probably a cap and trade system. This follows a deterioration in the Senate bill's prospects after it lost the support of its sole Republican backer, Lindsey Graham, the senator from South Carolina, in April. The House of Representatives passed a cap and trade bill last year.