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Energy policy
US: The climate-change bill is dead – long live the bill
TO NO ONE's great surprise the climate-change bill failed to make it through the Senate last month. But supporters of the bill remain hopeful of its eventual success, given indications of support from the main presidential candidates. The bill aimed to introduce a Climate Security Act, capping carbon dioxide emissions from 87% of US power plants, oil refineries and other polluters. This would have reduced emissions to 19% below present levels by 2020 and by 71% below them by 2050. According to its supporters, these measures would have cut US global-warming emissions by some 2% a year between 2012 and 2050. These targets remain well short of those proposed in the Kyoto Protocol on climate change, but would still have represented a significant shift in US policy. The US is the only leading industrialised country to have rejected Kyoto outright and President George Bush remains lukewarm at best in his support ...Click here to continue reading Energy policy
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