“„McCain has been an ardent proponent of the Iraq War, of course, and he has sided with the GOP in its opposition to abortion rights. But he has also crossed party lines on issues like campaign-finance reform—which Udall also championed—and global warming. In 2005, McCain was a key member of the Gang of 14, a group of Democrats and Republicans who worked together to prevent a shutdown of the Senate because of President George W. Bush’s judicial nominees. To this day, some Republicans question his party loyalty for that.
“„The measure would reduce American production of climate-altering gases by nearly 70 percent from current levels by 2050. It would provide billions of dollars in subsidies for energy conservation and environmentally clean technologies, creating millions of jobs, proponents say.
“„The sale of the permits would raise more than $5 trillion for the government in the coming decades, money that the bill proposes to distribute to affected industries, consumers and local governments in one of the biggest programs of redistribution of American wealth in history. The bill’s proponents say the money would help pay for a technological leap that would create millions of new jobs while cleaning the atmosphere.