World
Resources Institute says Bush Plans will increase greenhouse
emissions by 14%
WASHINGTON
DC, February 14 2002 - President George Bush's new global
warming plan will increase greenhouse gas emissions by 14%,
said officials at the World Resources Institute (WRI) today.
"I
wish the President's plan were a serious effort to deal with
global warming. But it is not. The plan will only succeed
in confusing the American people, and our allies overseas,
with misleading statistics," Dr
Nancy Kete, director of WRI's Climate,
Energy, and Pollution Program.
She
added that President Bush's boast that
the amount of greenhouse gases in relation to
gross domestic product growth would
fall by 18% over the next 10 years is
misleading. "Emissions
under Bush's plan would actually increase by 14% during the
time period. And far from being comparable to the efforts
by others under the Kyoto Protocol, US emissions would be
33% above the Kyoto baseline in 2012, compared with a 5%
cut for industrialized countries," Dr Kete said.
President
Bush unveiled his plans today, the results of a year-long
cabinet review, before departing for a trip to Asia this
weekend. The announcement was also timed to influence the
on-going Senate debate on his energy plan and to ease the
passage of new controls on emissions from power plants.
"What
the President called an aggressive new strategy for the next
ten years is really warmed-over business as usual. Over the
last 10 years greenhouse gas intensity fell by 17%, the same
amount Bush is calling for now. So there's nothing really
new or bold about this strategy," Dr Kete said.
The
President did not set out a long-term
goal for US policy even though last year, in dismissing
the Kyoto Protocol as "fatally
flawed", he had said that the US approach "would
be consistent with the long-term goal of stabilizing greenhouse
gas concentrations in the atmosphere".
Today's announcement was silent on this
point, but WRI experts point out one
cannot have a viable global strategy
for protecting the climate
system that allows US emissions to increase indefinitely.
They
also said that President Bush failed to justify why a market-based
system was necessary to reduce emissions of sulfur dioxide,
nitrogen oxides, and mercury from power plants by 70% but
not applicable to carbon dioxide emissions.
"President
Bush's plan will give no clear signal to business that it
needs to start preparing for a less carbon-intensive world.
We will lose a decade by failing to require all companies
to begin investing in cleaner technology," said
Dr Kete.
Many
major corporations are already demonstrating that emissions
trading is a very cost-effective means to reduce greenhouse
gas emissions. WRI experts said that they would be disappointed
that the President took no steps towards setting up a US-wide
trading scheme.
President
Bush's plan also calls for voluntary emissions reporting.
However, the US already has voluntary reporting programs
for greenhouse gases that attract only the proactive companies.
"We
need a mandatory and accurate system that catches the laggards
and establishes a proper emissions baseline," said
Janet Ranganathan, senior associate at
WRI. There are already internationally
accepted standards such as the Greenhouse
Gas Protocol developed by WRI and World
Business Council for Sustainable Development.
This tool would provide the necessary
basis for an emissions-trading
scheme.
"The
Bush Administration came into office
emphasizing uncertainties about the science of global warming
and declaring its objections
to the Kyoto Protocol," said Dr
Kete. "A
year later, after an extensive review,
the Administration had a golden
opportunity to set out a coherent plan
showing how America would set about fighting
global warming.
Unfortunately, it failed to do so."
The World
Resources Institute is an environmental think tank
that goes beyond research to create practical ways to protect
the Earth and improve people's lives.
For
more information, contact:
Adlai J. Amor
Email: aamor@wri.org
http://newsroom.wri.org/
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