"Toles on cap and trade"
Certainly, this is the conventional wisdom:
Of course, cap and trade is just a means. Perhaps something will rise Phoenix-like from its ashes that can achieve the same end and get 60 votes in the Senate. If not, then indeed, America will be abandoning the global race for 20 million clean energy jobs by 2030 (see Lindsey Graham: “Every day that we delay trying to find a price for carbon is a day that China uses to dominate the green economy”).