Industry demands mandatory cap on carbon emissions in Union address
Tuesday 23 January 2007
Ten senior US business leaders, including the heads of utility and chemical companies, have issued a direct challenge to President George Bush on climate change, publicly demanding the mandatory caps on carbon emissions that the White House has appeared to rule out of the President's State of the Union address tonight.
"We can and must take prompt action to establish a co-ordinated, economy-wide, market-driven approach to climate protection," the chief executives, from companies including Alcoa, DuPont, and Pacific Gas and Electric, say in an open letter to Mr Bush.
The move, which threatened to upstage the President ahead of his major annual setpiece speech to Congress, adds to the confusion of the global warming debate here. But it also underscores how the White House, long sceptical that the problem even existed, has become a mere bystander, as individual states and key lawmakers initiate action of their own.
Only confusion has emerged from the White House, with key advisers appearing to endorse a "cap-and-trade" system, only for that to be seemingly ruled out by Tony Snow, the Presidential spokesman.
President Bush has said that voluntary efforts, and the development of alternative energy sources, are the best approach.In the speech, Mr Bush is expected to dwell on health care reform, as pressure builds for some system that guarantees coverage for all.
The letter however declares that mandatory reductions are needed, and that "the cornerstone of this approach" should be a cap-and-trade system, whereby companies that exceed emissions limits should be forced to buy permits.
Frilled shark: Australian fishermen capture terrifying shark from the deep
Ten fascinating natural phenomena
Devon beavers can stay living in the wild, Natural England rules
Keep off the grass: Research confirms that highly manicured lawns produce more greenhouse gases than they soak up
The ugliest animals on earth: Blobfish, axolotl and proboscis monkey battle it out to be named least attractive beast
- 1 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 2 Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
- 3 Amal Clooney gives excellent answer to fashion question at European Court of Human Rights
- 4 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
- 5 Isis publicly behead man in Syrian town square for 'insulting Allah' as he screams for help
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
9 reasons Greece's experiment with the radical left is doomed to failure
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
£17000 - £23750 per annum: Recruitment Genius: A Liverpool based international...
Negotiable: Tradewind Recruitment: This post arises as a result of the need to...
£120 - £150 per annum: Tradewind Recruitment: I am recruiting on instruction o...
£70000 per annum: Ashdown Group: Head of Finance - Financial Controller - Fina...