Reid postponing debate on cap-and-trade until spring

Senate Democratic leaders said Tuesday they would put off debate on a big climate-change bill until spring, in a sign of weakening political will to tackle a long-term environmental issue at a time of high unemployment and economic uncertainty.

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Legislation on health care, overhauling financial markets and job creation will be considered before the Senate takes up a measure to cap emissions of carbon dioxide and other gases linked to climate change, Senate Democratic leaders said Tuesday…

Momentum for a climate bill has been undermined by fears that capping carbon-dioxide emissions — the inevitable product of burning oil and coal — would slow economic growth, raise energy costs and compel changes in the way Americans live.

“It’s really big, really, really hard, and is going to make a lot of people mad,” said Sen. Claire McCaskill (D., Mo.).

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