Climate policy to uphold status quo

Published February 16, 2002

WASHINGTON: President Bush for the first time has offered a detailed description of his vision for combating global warming, one that would gradually curtail greenhouse gas emissions by relying more on voluntary efforts and market forces than government edict.

The speech was aimed at addressing rising concerns overseas and on Capitol Hill that the United States had shirked its responsibility for dealing with a troubling international problem by disavowing the Kyoto protocol last March that would have imposed tough mandatory limits on US carbon emissions, a major cause of global warming.

The president argued that the mandatory limits under the international accord would have resulted in billions of dollars in industry losses and the elimination of nearly five million US jobs. And while acknowledging the serious threat of global warming, he insisted that the government could do more by spending billions more on research, new technology and tax incentives to promote voluntary reductions than to attempt to impose mandatory targets.

“As president of the United States, charged with safeguarding the welfare of the American people and American workers, I will not commit our nation to an unsound international treaty that will throw millions of our citizens out of work,” Bush declared.

The president’s plan in effect would preserve the status quo, allowing the United States to continue emitting carbon dioxide and other greenhouse gases at roughly the rate it has done for the past decade but with the promise of 4.6 billion dollars of incentives and tax credits over the next five years for research and to encourage voluntary reductions by utilities and manufacturers.

Bush also vowed to take “the most significant step America has ever taken” to cut power plant emissions of other pollutants, including nitrogen oxide, sulphur dioxide and mercury, that are major factors in urban smog, acid rain, asthma and heart disease.—Dawn/The Washington Post News Service.

Opinion

Editorial

A difficult story
12 Jun, 2026

A difficult story

WHILE launching the Economic Survey 2026, Finance Minister Muhammad Aurangzeb told a hopeful story of economic...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...