According to an AP article, President Obama on Friday mentioned at a meeting with his Economic Advisory Board, the Cap and Trade is "Good for Business":
"He told the group that the climate bill - which would cap global warming emissions - is good for business.
Obama said that individual members of Congress may be worried about the short-term implications of voting for the bill and that hearing from businesses would be reassuring.
Energy legislation narrowly passed the House last year and some Democrats came to regret their support. It's up next in the Senate, after financial reform, Obama said."
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