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Senate Dems abandon carbon caps in energy bill

Senate Democrats today abandoned their summer bid to pass a broad energy and climate bill, instead opting to push off the politically heated debate over pricing carbon until at least this fall. Instead, Democrats will bring a small energy package to the floor in the next two weeks headlined by legislation responding to the Gulf of Mexico oil spill, while vowing to continue to work to rally support for a broader climate and energy bill down the road.

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