While the U.S. House of Representatives is closely watching Senate legislation to address and curb the European Union emissions trading scheme, Senator Jeff Merkley (D-Ore.) has stepped forward to further hold up the bill with new objections said to be very environmentally sensitive and unlikely to be easily negotiated.
Merkley's proposal is said to contain provisions about pursuing an ICAO solution that goes much further than what was originally negotiated in the Senate bill, and the latest hold up preventing the bill's Senate passage is likely to be the nail in the coffin ahead of the November elections.
The House passed a similar version last year to the EU emissions bill sponsored by Senator John Thune (R-S.D.), and House Transportation Chairman John Mica (R-Fla.) is keen on making sure any changes to the Senate legislation are in line with the House approach. Mica told POLITICO Sept. 20 that if the changes and the legislation are acceptable, he would push for House passage with a velocity "faster than a speeding bullet. More powerful than a speeding locomotive."