Worst Case Scenarios

Bradford Plumer backs for the climate bill but offers this caveat:

It's possible for Congress to design a climate bill so malignant that electricity rates quickly spike, polluters buy up shady offsets by the truckload, and Goldman Sachs makes a fortune manipulating the carbon-trading market. In that case, public support for action on climate change would evaporate. Now, I don't think the House climate bill will lead us to that fate, and neither do the EPA and CBO analyses, but it's a definite concern.

-- PA