US President Barack Obama has acknowledged the potential need to strip cap and trade out of US energy legislation currently being re-drafted in the US Senate in order to pass the bill.
Speaking at a Town Hall Meeting in Nashua, New Hampshire on February 2, Obama answered a question on how to move forward on energy security and climate change. He conceded that cap-and-trade was the most controversial aspect of the energy bill passed by the House of Representatives in June 2009. Discussing similar legislation currently being examined in the Senate, he said:
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