WASHINGTON -- Former New Jersey Sen. Bill Bradley has offered a rare bit of commentary on the 2008 presidential contest, praising an energy plan offered by Democrat Chris Dodd.
Bradley, whose bid for the Democratic presidential nomination in 2000 nearly upended the campaign of then-Vice President Al Gore, said Dodd's plan was significant because it includes "meaningful" financial incentives for corporations to reduce the amount of greenhouse gases released into the environment.
"These measures may be politically risky, but they are necessary," Bradley said in a statement. "Chris Dodd gets it, and his energy plan reflects the fact that we need honest and bold action if we are going to be serious about ending global warming."
Among other things, the Connecticut senator wants to tax corporations on their carbon emissions, which he said would raise $50 billion annually to fund research and development of renewable technologies.
Nearly all the Democratic presidential candidates have spoken out on issue of climate change. Most back some form of a "cap-and-trade" system that sets limits on carbon emissions and makes companies pay for producing greenhouse gases, but none other than Dodd has called for a corporate carbon tax.
In his book "The New American Way," released in March, Bradley calls for reducing American dependence on foreign oil by raising fuel economy standards and placing a new tax on gasoline.