Most recently, Senate Democrats tried to rename the cap and trade bill to deflect the critical attention brought to the bill by Republicans’ nicknames for cap and trade, such as “cap and tax”. The new name is: Pollution Reduction and Investment (PRI). The idea to remake cap and trade into pollution reduction and investment came from Sen. John Kerry, D-Mass., author of the bill unveiled Wednesday. He came up with it about a month ago to refocus attention on what the bill would do, not how it goes about doing it.
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