Is Climate Policy Still Alive?

   Although recently a cap and trade bill did not pass, alternative proposal's for climate policy are not out of the question. The alternative revolves around much better organized financing for clean energy research.
The article states that:

"On Wednesday, the reliably conservative American Enterprise Institute and the left-of-center Brookings Institution will release a joint proposal to increase federal spending on clean energy innovation to as much as $25 billion a year, from the currently planned $4 billion a year."

   This proposal also states that recipients of this money will only continue receiving funds if they are reducing the cost of clean energy. This proposal is a great idea because it ensures that new technology for cleaner, cheaper energy will be produced. It is said that the reemergence of cap and trade, which is the global increase in the price of carbon emissions, will not be until 2013 at the earliest, if at all. So as of now, this proposal to research for cheap and clean energy is looking like a solid option. Environmental economist, Micheal Greenstone says, "the death of cap and trade doesn’t have to mean the death of climate policy." Our climate is continuing to get worse despite what we have tried in the past. I believe it is detrimental to our climate and energy resources to act upon innovative thoughts such as this proposal. If we don't act now, will we ever?