To state the obvious, the House is supposed to vote on the Waxman-Markey bill today. Warts and all, I’m definitely hoping the thing passes. I think the case for it gets unassailably strong when you recall that even if it does pass, that hardly means it becomes law. Instead, if it passes these ideas need to go through the ringer at several Senate committees, then somehow find 60 votes in the Senate, then go to a conference committee, etc. That means that as far as the details are concerned there are plenty of opportunities for the political process to make this bill better or worse.
If it passes, that puts us one step closer to a genuine moment of decision — a final vote on a conference report on a comprehensive energy reform bill. If the bill dies here, we just don’t get to the point and the status quo will continue indefinitely.