Word: carbonations
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Hours and hours of hearings finally led to a legislative breakthrough in December: the passage out of the committee of the first bill that would put carbon caps on the U.S. economy. Co-sponsored by the Republican Sen. John Warner and the Independent Sen. Joseph Lieberman, the America's Climate Security Act would cap U.S. carbon emissions at 15% below 2005 levels by 2020, with a 70% cut projected for 2050. If enacted, those carbon caps would all but force U.S. businesses to invest in cleaner technology and greater energy efficiency, and would help the country take a leadership role...
...even if the bill were to pass the Senate, and then the House of Representatives, it still has to make it through President George W. Bush, who has shown little inclination to support it. Bush favors what he calls technological solutions to global warming, but without the pressure of carbon caps. "That's like saying let's meet at the field and play baseball, but you don't bring a mitt or a ball," says Boxer. "You can't play the game...
Critics like Bush tend to focus on the economic costs of reducing carbon emissions - through increased energy prices - but Boxer, and many of her supporters, believe that combating climate change can have a net positive effect on the economy. Boxer hails from California, which has already passed the strongest state legislation on climate change, cutting carbon emissions to 1990 levels by 2020. Far from hurting the state economically, Boxer notes, the carbon bill has helped California become the center for green innovation in the U.S., with Silicon Valley venture capitalists pouring billions into alternative energy start-ups. Those businesses will...
...been criticized by the Sierra Club, among other groups, as too weak. While it could be tightened, the reality is that only a moderate bill is likely to pass soon, and with science telling us that we may have less than 15 years to turn around carbon emissions, we can't afford to hold out for a perfect law. "The longer we wait to do what we need to do, the harder the transition will be," says Boxer. "We're running out of time." She's absolutely right, but at least Congress is no longer standing still...
...five months of 2007 was 3,235 sq. kilometers (1,250 sq. miles or about the size of Rhode Island), a rise from the previous year's figure and alarming because deforestation normally drops in the final rainy months of the year. In a world panicked by its own carbon footprint, the forests of the Amazon are the planet's largest absorber of carbon dioxide...