Here's  a summary of the McCain/Lieberman Bill:

Amazing it failed.  The vote was 55 to 43 with 6 republicans voting for and 10 democrats voting against.. Harkin voted for, Grassley against.. 2 not voting were Edwards and Ben Nelson..

S.Amdt. 2028 <http://thomas.loc.gov/cgi-bin/bdquery/z?d108:SP2028:>  to S. 139 <http://thomas.loc.gov/cgi-bin/bdquery/z?d108:SN139:>  (Climate Stewardship Act of 2003 )   
Statement of Purpose:  To provide for a program of scientific research on abrupt climate change, to accelerate the reduction of greenhouse gas emissions in the United States by establishing a market-driven system of greenhouse gas tradeable allowances, to limit greenhouse gas emissions in the United States and reduce dependence upon foreign oil, and ensure benefits to consumers from the trading in such allowances.    


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