Climate adviser denies White House retreat on cap and trade

White House climate adviser Carol Browner said that the Obama administration is not backing down from a market-based approach to curbing greenhouse-gas emissions. Speaking at a renewable-energy conference, Browner urged people to re-examine the transcript of President Barack Obama's remarks in a New Hampshire town hall meeting, where he apparently suggested that the Senate could separate cap and trade from an energy-focused climate bill. Browner said the president was simply making an observation about the Senate process.

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