Baker in take-it-or-leave-it position on climate bill

CommonWealth Magazine

“Sen. Michael Barrett of Lexington, his branch’s energy expert, was the lead champion of continuing the price cap, a provision that requires that each successive procurement come in at a lower price than the previous one.

Barrett had argued that a price cap was needed to protect utility customers, but on Sunday he accepted Baker’s proposal to do away with the cap entirely. “We’re willing to take the chance that even more jobs can come if we do away with price controls,” he said.”