A Very Interesting Question: EPA Regulation of Carbon Dioxide Emissions

Duncan Black asks:

Curious : It isn't something I follow closely generally, but I am a bit confused why the looming specter of EPA regulation hasn't melted some opposition to a decent climate/energy bill.

Exactly. If I were the energy industry or an energy-using industry, I would be absolutely desperately lobbying full-time for a cap-and-trade system rather than EPA-style regulation of carbon dioxide.

I suspect that the energy and energy-using industries are confident that...