Sen. Lindsey Graham, R-S.C., remains committed to pricing carbon emissions, despite recent reports quoting him as saying that "cap and trade is dead," according to Darren Samuelsohn in this article. A cap-and-trade mechanism is likely to feature in a portion of the compromise climate proposal that is being drafted by Graham and Sens. John Kerry, D-Mass., and Joe Lieberman, I-Conn., Samuelsohn writes.

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