{mosads}Major climate change legislation faces extremely grim political prospects on Capitol Hill, but some liberal Democrats have nonetheless begun floating new proposals to impose fees on industrial carbon dioxide emissions.

Obama has pledged to take new executive actions to confront global warming if Congress remains gridlocked.

Those efforts will face pushback from Republicans and some conservative Democrats, who in recent years have sought unsuccessfully to strip the Environmental Protection Agency’s power to regulate greenhouse gas emissions.

The Hill’s Justin Sink has more here on Obama’s appearance at the Founders’ Summit that, according to press accounts, participants pledged $50,000 to attend.