Word: coal
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...Including caps on carbon dioxide emissions as part of a multiple emissions strategy would lead to an even more dramatic shift from coal to natural gas for electric power generation and significantly higher electricity prices," Bush wrote in his March 13 letter to Chuck Hagel informing Congress of his change in policy. A few days later, Christie Whitman (whose own wishful thinking had probably gotten Bush into the mess in the first place) finally climbed on board, telling the National Press Club the country was "in the midst of a national energy crisis - this is a long way from being...
...course, it was too good to be true. Under pressure from coal lobbyists and Vice President Dick Cheney, Bush reversed course and claimed that his original position was an "error." Given the intense scrutiny given to presidential platforms, that excuse rings hollow...
Bush justified the reversal by citing the Western energy crisis. But regardless of whether regulating carbon dioxide emissions would raise prices for consumers, it would not have a direct effect on California's situation. California's energy is mostly generated from hydropower, nuclear plants and natural gas; coal and oil play a relatively minor role in the state's overall power picture...
...caving in to Big Coal so early in his administration on such an important issue, Bush has also given a signal that he can be pushed around by special interests. His efforts thus far to prevent businesses from inserting loopholes into his proposed tax cut have been undermined; if coal and oil lobbyists are so persuasive, others are certainly not far behind...
...battle for Bush's mind on this issue has barely begun, and the President's old friends in the oil and coal industries--the sources of the fossil fuels that produce greenhouse gases--will wield plenty of clout. While Bush told Congress last week that he would support efforts to conserve energy and develop alternatives to fossil fuels, he also declared that "we can produce more energy at home while protecting our environment." Translation: I still want to drill for oil in Alaska's Arctic National Wildlife Refuge...