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How Many Showerheads Will $5 Billion Buy?

Judging from Senate Majority Leader Harry Reid's actions this week, it seems America won't be getting a renewable energy standard (RES). With mid-term elections coming up and the beltway as contentious as ever, Democrats just don't have the votes, according to Reid, to enact an RES at the national level -- let alone put a price on carbon in the broader economy.

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