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	<title>CARBON CREDITS &#187; Greenhouse Gases</title>
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	<description>THE BUSINESS OF GREENHOUSE GAS REDUCTION</description>
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		<title>CARBON CREDITS &#187; Greenhouse Gases</title>
		<link>http://carboncreditsusa.wordpress.com</link>
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		<title>Climate Change: India Will Not Agree To Binding Emission Reduction Commitments Putting U.S. Proposals For International Climate Change Treaty In Doubt</title>
		<link>http://carboncreditsusa.wordpress.com/2009/04/13/climate-change-india-will-not-agree-to-binding-emission-reduction-commitments-putting-us-proposals-for-international-climate-change-treaty-in-doubt/</link>
		<comments>http://carboncreditsusa.wordpress.com/2009/04/13/climate-change-india-will-not-agree-to-binding-emission-reduction-commitments-putting-us-proposals-for-international-climate-change-treaty-in-doubt/#comments</comments>
		<pubDate>Mon, 13 Apr 2009 21:12:55 +0000</pubDate>
		<dc:creator>carboncreditsusa</dc:creator>
				<category><![CDATA[Carbon Credits]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Emission Trading Schemes (ETS)]]></category>
		<category><![CDATA[Environmental Compliance]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Greenhouse Gases]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[Climate Treaty]]></category>
		<category><![CDATA[Kyoto Accord]]></category>
		<category><![CDATA[U.S.]]></category>

		<guid isPermaLink="false">http://carboncreditsusa.wordpress.com/?p=633</guid>
		<description><![CDATA[&#8220;If the question is whether India will take on binding emission reduction commitments, the answer is no. It is morally wrong for us to agree to reduce when 40 percent of Indians do not have access to electricity,&#8221; said a member of the Indian delegation to the recently concluded U.N. conference in Bonn, Germany, which [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carboncreditsusa.wordpress.com&blog=5339038&post=633&subd=carboncreditsusa&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p style="text-align:center;"><strong><em>&#8220;If the question is whether India will take on binding emission reduction commitments, the answer is no. It is morally wrong for us to agree to reduce when 40 percent of Indians do not have access to electricity,&#8221; said a member of the Indian delegation to the recently concluded U.N. conference in Bonn, Germany, which is a prelude to a Copenhagen summit in December on climate change. </em></strong></p>
<p>Days after the Obama administration unveiled a push to combat climate change, Indian officials said it was unlikely to prompt them to agree to binding emission cuts, a position among emerging economies that many say derails effective action.</p>
<p> &#8221;Of course, everybody wants to go solar, but costs are very, very high.&#8221; India&#8217;s position goes to the heart of the vexing international debate over how quickly nations should try to phase out carbon-spewing fuels such as coal and switch to renewable energy sources such as wind and solar.</p>
<p>In India, the debate has been cast as a choice between pursuing urgently needed economic growth to reduce poverty and addressing climate change. More than 60 percent of India&#8217;s power is generated from coal. As India rapidly climbs the list of global polluters, analysts say coal will continue to fuel the economic demands of the country&#8217;s 1.1 billion people for two decades. But India has repeatedly said that it will not compromise on growth by committing to emission reduction goals set by developed nations, which it deems bigger culprits when it comes to pollution.</p>
<p><a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/04/12/AR2009041202452.html?hpid=sec-world">http://www.washingtonpost.com/wp-dyn/content/article/2009/04/12/AR2009041202452.html?hpid=sec-world</a></p>
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			<media:title type="html">energyethos</media:title>
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		<title>Climate Change Negotiations: U.S. To Present Detailed Set Of Policies By June 1 That Will Require All Countries, Including China And India, To Curb Greenhouse Gas Emissions</title>
		<link>http://carboncreditsusa.wordpress.com/2009/04/09/climate-change-negotiations-us-to-present-detailed-set-of-policies-by-june-1-that-will-require-all-countries-including-china-and-india-to-curb-greenhouse-gas-emissions/</link>
		<comments>http://carboncreditsusa.wordpress.com/2009/04/09/climate-change-negotiations-us-to-present-detailed-set-of-policies-by-june-1-that-will-require-all-countries-including-china-and-india-to-curb-greenhouse-gas-emissions/#comments</comments>
		<pubDate>Thu, 09 Apr 2009 23:41:46 +0000</pubDate>
		<dc:creator>carboncreditsusa</dc:creator>
				<category><![CDATA[Cap and Trade]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Greenhouse Gases]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[Climate Treaty]]></category>
		<category><![CDATA[Kyoto Accord]]></category>
		<category><![CDATA[U.S.]]></category>

		<guid isPermaLink="false">http://carboncreditsusa.wordpress.com/?p=631</guid>
		<description><![CDATA[
Jonathan Pershing, the U.S. deputy special envoy for climate change, said the Obama administration will bring a “much more detailed set of policies” to the next round of negotiations beginning June 1. 
He said the plan would require all countries, including developing nations like China and India, to curb greenhouse gas emissions. 
He also said [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carboncreditsusa.wordpress.com&blog=5339038&post=631&subd=carboncreditsusa&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><span lang="EN"></p>
<p style="text-align:center;"><strong><em>Jonathan Pershing, the U.S. deputy special envoy for climate change, said the Obama administration will bring a “much more detailed set of policies” to the next round of negotiations beginning June 1. </em></strong></p>
<p style="text-align:center;"><strong><em>He said the plan would require all countries, including developing nations like China and India, to curb greenhouse gas emissions. </em></strong></p>
<p>He also said it will focus on long-range goals for greenhouse gas emissions&#8211;as distant as 2050. This is undoubtedly because the Obama administration&#8217;s midterm goals do not match those being called for by the international community.</p>
<p>Obama wants the U.S. to reduce emissions to 1990 levels by 2020, and reduce levels progressively to 80% of 1990 levels by 2050. The European Union has proposed reductions of 25% to 35% compared with 1990 levels by 2020.</p>
<p>An alliance of small island states, backed by a dozen African and Latin American nations, urged developed nations to reduce emissions by at least 45% below 1990 levels by the year 2020.</p>
<p>Pershing said that for the U.S. “Those numbers will be determined by Congress,” which is currently debating climate change and energy legislation.</p>
<p>Delegates reportedly also discussed whether or not a new climate treaty should resemble the Kyoto Protocol and whether it should include a cap-and-trade framework modeled on the European Union&#8217;s trading system.</p>
<p>Annie Petsonk, international counsel for the Environmental Defense Fund, told the <em>New York Times</em> that while this approach seemed likely, one difficult question remains: Which countries will be required to cap emissions?</p>
<p><span style="font-size:x-small;">http://www.sustainablebusiness.com/index.cfm/go/news.display/id/17972</p>
<p></span></span></p>
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			<media:title type="html">energyethos</media:title>
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		<title>Global Warming (Video): Thinning Ozone Layer Over Antarctica Has Effected Ice Layer Antarctic Peninsula</title>
		<link>http://carboncreditsusa.wordpress.com/2009/04/07/global-warming-video-thinning-ozone-layer-over-antarctica-has-effected-ice-layer-antarctic-peninsula/</link>
		<comments>http://carboncreditsusa.wordpress.com/2009/04/07/global-warming-video-thinning-ozone-layer-over-antarctica-has-effected-ice-layer-antarctic-peninsula/#comments</comments>
		<pubDate>Tue, 07 Apr 2009 13:45:26 +0000</pubDate>
		<dc:creator>carboncreditsusa</dc:creator>
				<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Greenhouse Gases]]></category>
		<category><![CDATA[Antarctica]]></category>
		<category><![CDATA[Global Warming]]></category>
		<category><![CDATA[Videos]]></category>

		<guid isPermaLink="false">http://carboncreditsusa.wordpress.com/?p=628</guid>
		<description><![CDATA[
This year marks the 50th anniversary since the Antarctic Treaty was created to help govern and protect the frozen continent of Antarctica. Diplomats, scientists and others from treaty countries are meeting this week and next in the U.S. city of Baltimore, Maryland, to discuss various issues including how global warming is affecting the continent&#8217;s fragile [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carboncreditsusa.wordpress.com&blog=5339038&post=628&subd=carboncreditsusa&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><span style="text-align:center; display: block;"><a href="http://carboncreditsusa.wordpress.com/2009/04/07/global-warming-video-thinning-ozone-layer-over-antarctica-has-effected-ice-layer-antarctic-peninsula/"><img src="http://img.youtube.com/vi/4R0VblUVSQU/2.jpg" alt="" /></a></span></p>
<div class="watch-video-desc description"><span><strong>This year marks the 50th anniversary since the Antarctic Treaty was created to help govern and protect the frozen continent of Antarctica. Diplomats, scientists and others from treaty countries are meeting this week and next in the U.S. city of Baltimore, Maryland, to discuss various issues including how global warming is affecting the continent&#8217;s fragile environment. The most obvious signs of the changes are on the Antarctic Peninsula &#8212; as reporter Janice McDonald discovered on a recent trip to the region. </strong></span></div>
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			<media:title type="html">energyethos</media:title>
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		<title>Climate Change Policy: U.S. And Europe Will Be Paying Dearly For China And Developing Nations To Cut Emissions</title>
		<link>http://carboncreditsusa.wordpress.com/2009/04/03/climate-change-policy-us-and-europe-will-be-paying-dearly-for-china-and-developing-nations-to-cut-emissions/</link>
		<comments>http://carboncreditsusa.wordpress.com/2009/04/03/climate-change-policy-us-and-europe-will-be-paying-dearly-for-china-and-developing-nations-to-cut-emissions/#comments</comments>
		<pubDate>Fri, 03 Apr 2009 14:41:33 +0000</pubDate>
		<dc:creator>carboncreditsusa</dc:creator>
				<category><![CDATA[Carbon Credits]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Greenhouse Gases]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[Carbon Emissions]]></category>
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		<guid isPermaLink="false">http://carboncreditsusa.wordpress.com/?p=626</guid>
		<description><![CDATA[
It&#8217;s understandable why the developing nations are reluctant to cut emissions &#8212; it means higher energy costs and reduced growth. China and India are more concerned with growing their economy, expanding access to electricity, and reducing poverty. 
Last summer, China and the developing world announced the price for their cooperation on a global-warming treaty: up [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carboncreditsusa.wordpress.com&blog=5339038&post=626&subd=carboncreditsusa&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><span lang="EN"></p>
<p align="center"><strong><em>It&#8217;s understandable why the developing nations are reluctant to cut emissions &#8212; it means higher energy costs and reduced growth. China and India are more concerned with growing their economy, expanding access to electricity, and reducing poverty. </em></strong></p>
<p>Last summer, China and the developing world<em> </em>announced the price for their cooperation on a global-warming treaty: up to 1% of the developed world&#8217;s gross domestic product. For the U.S., this would mean sending $140 billion a year to China, Iran, North Korea and Cuba, among other countries. This is in addition to the $28 billion we already distribute each year in foreign aid.</p>
<p>For a U.S. family of four, China&#8217;s demand comes to nearly $1,900 in yearly taxes. And that&#8217;s just the beginning.</p>
<p>The tenor of international climate negotiations has emboldened the Indian government to claim in a February filing with the United Nations that the West owes it billions of dollars in compensation for climate change. These payments, it said, should be mandatory and not &#8220;subject to decisions of developed country governments and legislatures.&#8221;</p>
<p>A November 2008 study by the MIT Joint Program on the Science and Policy of Global Change forecasts the international costs could be as much as $3 trillion by 2050 for developing nations to make the significant reductions in greenhouse gas emissions that scientists say are necessary. The MIT report says that the U.S. share would total nearly $1 trillion of these &#8220;international financial transfers of unprecedented scale.&#8221;</p>
<p>President Barack Obama recently unveiled a budget blueprint that called for a $646 billion climate tax through a carbon-trading system. Already, White House officials are saying this tax could be three times larger. That means a family of four could have to shell out nearly $45,000 in climate taxes during the coming decade.</p>
<p>For beleaguered U.S. taxpayers in a troubled economy, these numbers are disastrous.</p>
<p>The U.S. cannot reduce the growth of greenhouse gases in the earth&#8217;s atmosphere without the developing nations cutting their emissions as well. A 2007 study by the Battelle Memorial Institute found that if China, India and the other developing countries keep growing at current rates, they will emit nearly three times as much carbon dioxide as will the developed countries by the end of this century. But will China and India join in the effort to reduce CO2 emissions?</p>
<p><span style="font-size:x-small;">http://online.wsj.com/article/SB123871985916184973.html</p>
<p></span></span></p>
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			<media:title type="html">energyethos</media:title>
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		<title>Climate Change: China And United States Must Lead World In Crafting Lasting Greenhouse Gas Policy</title>
		<link>http://carboncreditsusa.wordpress.com/2009/03/26/climate-change-china-and-united-states-must-lead-world-in-crafting-lasting-greenhouse-gas-policy/</link>
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		<pubDate>Thu, 26 Mar 2009 14:42:15 +0000</pubDate>
		<dc:creator>carboncreditsusa</dc:creator>
				<category><![CDATA[China]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Greenhouse Gases]]></category>
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		<guid isPermaLink="false">http://carboncreditsusa.wordpress.com/?p=624</guid>
		<description><![CDATA[Stopping climate change, however, will require more than just action by the United States and China. Rather, the entire global community must work collaboratively to dramatically reduce greenhouse gas emissions in a way that promotes sustainable economic growth, increases energy security, and helps nations deliver greater prosperity for their people. And the time to start [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carboncreditsusa.wordpress.com&blog=5339038&post=624&subd=carboncreditsusa&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p style="text-align:center;"><strong><em>Stopping climate change, however, will require more than just action by the United States and China. Rather, the entire global community must work collaboratively to dramatically reduce greenhouse gas emissions in a way that promotes sustainable economic growth, increases energy security, and helps nations deliver greater prosperity for their people. And the time to start is not tomorrow, or the day after, but today. </em></strong></p>
<p>President Barack Obama has made combating climate change a priority for his administration. Shortly after his election, he described the urgency of the situation in no uncertain terms:</p>
<p>“Now is the time to confront this challenge once and for all. Delay is no longer an option. Denial is no longer an acceptable response. The stakes are too high. The consequences, too serious.”  </p>
<p>In order to meet this enormous challenge, the United States and the People&#8217;s Republic of China will need to take action.  Together, our 2 countries account for more than 40 percent of the world&#8217;s emissions of greenhouse gas pollutants such as carbon dioxide and methane.  </p>
<p>On March 16, U.S. Special Envoy for Climate Change Todd Stern and Chinese Vice Chairman Xie Zhenhua of the National Development and Reform Commission of the People’s Republic of China, met at the U.S. Department of State to discuss this challenge and to prepare for international climate negotiations, which are scheduled to take place in early December in Copenhagen, Denmark.  </p>
<p>Special Envoy Stern acknowledged the broad work that China is already doing to address climate change, including China’s goals to improve energy efficiency and increase the production of energy from renewable sources. The United States is committed to transforming its economy to a low-carbon model, both to spur economic growth and to sharply reduce domestic greenhouse gas emissions. To avoid the catastrophic risk of climate change, however, both countries will have to scale up their efforts.</p>
<p><a href="http://www.voanews.com/uspolicy/2009-03-25-voa1.cfm">http://www.voanews.com/uspolicy/2009-03-25-voa1.cfm</a></p>
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			<media:title type="html">energyethos</media:title>
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		<title>Environmental Protection Agency (EPA) Moving Towards Regulation Of Greenhouse Gases Under Clean Air Act</title>
		<link>http://carboncreditsusa.wordpress.com/2009/03/24/environmental-protection-agency-epa-moving-towards-regulation-of-greenhouse-gases-under-clean-air-act/</link>
		<comments>http://carboncreditsusa.wordpress.com/2009/03/24/environmental-protection-agency-epa-moving-towards-regulation-of-greenhouse-gases-under-clean-air-act/#comments</comments>
		<pubDate>Tue, 24 Mar 2009 13:53:23 +0000</pubDate>
		<dc:creator>carboncreditsusa</dc:creator>
				<category><![CDATA[Carbon Dioxide]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Environmental Compliance]]></category>
		<category><![CDATA[Greenhouse Gases]]></category>
		<category><![CDATA[Regional Greenhouse Gas Initiative (RGGI)]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[Environmental Policy]]></category>
		<category><![CDATA[EPA]]></category>
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		<guid isPermaLink="false">http://carboncreditsusa.wordpress.com/?p=621</guid>
		<description><![CDATA[The Environmental Protection Agency&#8217;s new leadership, in a step toward confronting global warming, submitted a finding that will force the White House to decide whether to limit greenhouse gas emissions under the nearly 40-year-old Clean Air Act. 
Under that law, EPA&#8217;s conclusion &#8212; that such emissions are pollutants that endanger the public&#8217;s health and welfare [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carboncreditsusa.wordpress.com&blog=5339038&post=621&subd=carboncreditsusa&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><strong><em>The Environmental Protection Agency&#8217;s new leadership, in a step toward confronting global warming, submitted a finding that will force the White House to decide whether to limit greenhouse gas emissions under the nearly 40-year-old Clean Air Act. </em></strong></p>
<p>Under that law, EPA&#8217;s conclusion &#8212; that such emissions are pollutants that endanger the public&#8217;s health and welfare &#8212; could trigger a broad regulatory process affecting much of the U.S. economy as well as the nation&#8217;s future environmental trajectory. The agency&#8217;s finding, which was sent to the White House Office of Management and Budget without fanfare on Friday, also reversed one of the Bush administration&#8217;s landmark decisions on climate change, and it indicated anew that President Obama&#8217;s appointees will push to address the issue of warming despite the potential political costs.</p>
<p>In 2007, the Supreme Court instructed the Bush administration to determine whether greenhouse gases should be regulated under the Clean Air Act, but last July, then-EPA Administrator Stephen L. Johnson announced that the agency would instead seek months of public comment on the threat posed by global-warming pollution.</p>
<p>Interest groups and experts across the ideological spectrum described the EPA&#8217;s proposal yesterday as groundbreaking. But while environmentalists called it overdue and essential to curbing dangerous climate change, business representatives warned that it could hobble the nation&#8217;s economic recovery.</p>
<p>&#8220;This is historic news,&#8221; said Frank O&#8217;Donnell, who heads the environmental watchdog group Clean Air Watch. &#8220;It will set the stage for the first-ever national limits on global-warming pollution. And it is likely to help light a fire under Congress to get moving.&#8221;</p>
<p>But William L. Kovacs, vice president of environment, technology and regulatory affairs at the U.S. Chamber of Commerce, said an effort to regulate greenhouse gases based on the EPA&#8217;s scientific finding &#8220;will be devastating to the economy.&#8221;</p>
<p>&#8220;By moving forward with the endangerment finding on greenhouse gases, EPA is putting in motion a set of decisions that may have far-reaching unintended consequences,&#8221; he said. &#8220;Specifically, once the finding is made, no matter how limited, some environmental groups will sue to make sure it is applied to all aspects of the Clean Air Act.&#8221;</p>
<p><a href="http://www.washingtonpost.com/wp-dyn/content/article/2009/03/23/AR2009032301068_pf.html">http://www.washingtonpost.com/wp-dyn/content/article/2009/03/23/AR2009032301068_pf.html</a></p>
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		<title>Environmental Protection Agency (EPA) To Implement Mandatory National System For Reporting Greenhouse Gas Emissions</title>
		<link>http://carboncreditsusa.wordpress.com/2009/03/13/environmental-protection-agency-epa-to-implement-mandatory-national-system-for-reporting-greenhouse-gas-emissions/</link>
		<comments>http://carboncreditsusa.wordpress.com/2009/03/13/environmental-protection-agency-epa-to-implement-mandatory-national-system-for-reporting-greenhouse-gas-emissions/#comments</comments>
		<pubDate>Fri, 13 Mar 2009 15:29:06 +0000</pubDate>
		<dc:creator>carboncreditsusa</dc:creator>
				<category><![CDATA[Carbon Dioxide]]></category>
		<category><![CDATA[Environmental Compliance]]></category>
		<category><![CDATA[Greenhouse Gases]]></category>
		<category><![CDATA[Regional Greenhouse Gas Initiative (RGGI)]]></category>
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		<category><![CDATA[EPA]]></category>

		<guid isPermaLink="false">http://carboncreditsusa.wordpress.com/?p=614</guid>
		<description><![CDATA[
The first mandatory national system for reporting emissions of carbon dioxide and other greenhouse gases produced by major sources in the United States has been proposed by the U.S. Environmental Protection Agency. 
&#8220;Our efforts to confront climate change must be guided by the best possible information,&#8221; said EPA Administrator Lisa Jackson, announcing the proposal on [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carboncreditsusa.wordpress.com&blog=5339038&post=614&subd=carboncreditsusa&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><span lang="EN"></p>
<p align="center"><strong><em>The first mandatory national system for reporting emissions of carbon dioxide and other greenhouse gases produced by major sources in the United States has been proposed by the U.S. Environmental Protection Agency. </em></strong></p>
<p>&#8220;Our efforts to confront climate change must be guided by the best possible information,&#8221; said EPA Administrator Lisa Jackson, announcing the proposal on Tuesday. &#8220;Through this new reporting, we will have comprehensive and accurate data about the production of greenhouse gases.&#8221;</p>
<p>Greenhouse gases trap heat from the Sun and warm the planet&#8217;s surface. According to the U.S. Department of Energy, 87 percent of U.S. greenhouse gas emissions are related to energy consumption. Since 1990, greenhouse gas emissions in the United States have grown by about one percent per year. In 2005, about 21 percent of the world&#8217;s total energy-related carbon dioxide was emitted by the United States.</p>
<p>Under the proposed rule, the federal government could collect emissions data to inform future policy decisions.</p>
<p>The new reporting requirements would apply to suppliers of fossil fuel and industrial chemicals, manufacturers of motor vehicles and engines, as well as large direct emitters of greenhouse gases with emissions equal to or greater than a threshold of 25,000 metric tons per year.</p>
<p>Most small businesses would not be required to report their emissions because their emissions fall below the threshold.</p>
<p><span style="font-size:x-small;">http://www.ens-newswire.com/ens/mar2009/2009-03-12-092.asp</p>
<p></span></span></p>
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		<title>U.S. Climate Change Legislation Is Being Championed By House Energy Chairman Henry Waxman Who Is Wanting Legislation Crafted Quickly &#8220;While Obama&#8217;s Popularity Is High&#8221;</title>
		<link>http://carboncreditsusa.wordpress.com/2009/03/11/us-climate-change-legislation-is-being-championed-by-house-energy-chairman-henry-waxman-who-is-wanting-legislation-crafted-quickly-while-obamas-popularity-is-high/</link>
		<comments>http://carboncreditsusa.wordpress.com/2009/03/11/us-climate-change-legislation-is-being-championed-by-house-energy-chairman-henry-waxman-who-is-wanting-legislation-crafted-quickly-while-obamas-popularity-is-high/#comments</comments>
		<pubDate>Wed, 11 Mar 2009 22:26:38 +0000</pubDate>
		<dc:creator>carboncreditsusa</dc:creator>
				<category><![CDATA[Cap and Trade]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Greenhouse Gases]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[Henry Waxman]]></category>
		<category><![CDATA[House of Representatives]]></category>
		<category><![CDATA[Obama Administration]]></category>

		<guid isPermaLink="false">http://carboncreditsusa.wordpress.com/?p=611</guid>
		<description><![CDATA[
One environmentalist tracking the debate says Waxman &#8220;is making a gamble that he can get this done quickly while Obama&#8217;s popularity is high.&#8221;

A cap-and-trade system would involve the federal government setting yearly limits on total greenhouse gas emissions such as carbon dioxide. Washington would then allocate emission credits that could be traded, banked, or sold [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carboncreditsusa.wordpress.com&blog=5339038&post=611&subd=carboncreditsusa&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><span lang="EN"></p>
<p align="center"><strong><em>One environmentalist tracking the debate says Waxman &#8220;is making a gamble that he can get this done quickly while Obama&#8217;s popularity is high.&#8221;</em></strong></p>
<p align="center"><strong><em></em></strong></p>
<p align="center"><strong><em>A cap-and-trade system would involve the federal government setting yearly limits on total greenhouse gas emissions such as carbon dioxide. Washington would then allocate emission credits that could be traded, banked, or sold to meet the cap. Each credit would allow a factory or coal-fueled power plant to emit 1 ton of greenhouse gases.</em></strong></p>
<p align="center"> </p>
<p>Henry Arnold Waxman, 69, is a Democrat from California who has called Congress home for half his life. He has long inspired strong views on Capitol Hill, where some regard him as one of his generation&#8217;s great lawmakers and a relentless champion for the common good, even as others dismiss him as a partisan pit bull with an insatiable appetite for headlines.</p>
<p>Either way, one thing is certain: One of his top concerns has long been global warming, and after dethroning a fellow Democrat to win the chairmanship of the House Energy and Commerce Committee, he&#8217;s vowing quick action on comprehensive energy legislation containing provisions to reduce greenhouse gas emissions.</p>
<p>If America doesn&#8217;t act, Waxman warns, the country will pay a hefty price in terms of health, the environment, national security, and global instability. &#8220;We&#8217;re more and more suffering the consequences of global warming and climate change, which scientists tell us could be irreversible if we don&#8217;t take very serious action now,&#8221; he says.</p>
<p>Waxman wants his new committee to have a bill to curb carbon emissions prepared by April so that it can be approved by the panel before Memorial Day. President Barack Obama, he says, &#8220;has called upon us to move forward in this area. It&#8217;s something that we can no longer neglect.&#8221;</p>
<p>Opponents, starting with the top Republican on the committee, argue that the science isn&#8217;t proved and the timing, with countries around the world mired in recession, isn&#8217;t right. House Republican Joe Barton of Texas, a former chair of the panel and now its ranking member, says a sure way to turn a severe economic downturn into a depression is to pass a &#8220;cockamamie climate change bill&#8221; that includes mandatory cap-and-trade provisions.</p>
<p>A cap-and-trade system would involve the federal government setting yearly limits on total greenhouse gas emissions such as carbon dioxide. Washington would then allocate emission credits that could be traded, banked, or sold to meet the cap. Each credit would allow a factory or coal-fueled power plant to emit 1 ton of greenhouse gases.</p>
<p>Advocates believe the provisions would spur private-sector innovations, keeping the United States at the cutting edge of new energy technology and energy efficiency. Opponents envision industrial jobs going overseas. Waxman, addressing critics who warn about the risk of outsourcing, says doing nothing about global warning would result in an economy worse off than it is now, with damage to public health, the environment, &#8220;even our cities, our agriculture, our forests, and our national security.&#8221;</p>
<p>As draft legislation is hammered out and congressional hearings are underway, Waxman is showing few of his cards, careful to avoid being pinned down on exactly what he&#8217;d like in a bill or how much he&#8217;d concede. Whether the full House and Senate would approve climate legislation is also unclear, particularly in an area where Democrats, some from manufacturing bases or coal-producing regions, tend to be divided by regional interests.</p>
<p><span style="font-size:small;">http://www.usnews.com/articles/news/energy/2009/03/11/on-climate-change-henry-waxman-wants-congress-to-act-now.html</p>
<p></span></span></p>
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		<title>Obama Administration Readies Cap-And-Trade Strategy Amidst Formidable Republican Opposition</title>
		<link>http://carboncreditsusa.wordpress.com/2009/02/28/obama-administration-readies-cap-and-trade-strategy-amidst-formidable-republican-opposition/</link>
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		<pubDate>Sat, 28 Feb 2009 17:16:17 +0000</pubDate>
		<dc:creator>carboncreditsusa</dc:creator>
				<category><![CDATA[Cap and Trade]]></category>
		<category><![CDATA[Carbon Capture And Storage]]></category>
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		<guid isPermaLink="false">http://carboncreditsusa.wordpress.com/?p=607</guid>
		<description><![CDATA[
In proposing mandatory caps on the greenhouse gases linked to global warming and a system for auctioning permits to companies that emit them, President Obama is taking on a huge political and economic challenge. 

And while a cap-and-trade approach bears substantial cost, it also brings a benefit whose value is incalculable — a steady decrease [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=carboncreditsusa.wordpress.com&blog=5339038&post=607&subd=carboncreditsusa&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><span lang="EN"></p>
<p style="text-align:center;"><strong><em>In proposing mandatory caps on the greenhouse gases linked to global warming and a system for auctioning permits to companies that emit them, President Obama is taking on a huge political and economic challenge. </em></strong></p>
<p style="text-align:center;"><strong><em></em></strong></p>
<p style="text-align:center;"><strong><em>And while a cap-and-trade approach bears substantial cost, it also brings a benefit whose value is incalculable — a steady decrease in emissions that scientists say will over time reduce the risk of climate catastrophe.</em></strong></p>
<p align="center"> </p>
<p>Business lobbies and many Republicans raised loud objections to the cap-and-trade program Mr. Obama proposed as part of his budget this week, saying the plan amounted to a gigantic and permanent tax on oil, electricity and manufactured goods, a shock they said the country could not handle during economic distress.</p>
<p>Green groups and supportive members of Congress applauded, saying the proposal was long overdue after eight years of inaction on climate change under President George W. Bush. The costs, they said, would not begin to bite until at least 2012.</p>
<p>But the full costs and benefits of controlling greenhouse gas emissions remain unknown, and perhaps unknowable. While there is rough consensus on the science of global warming — with some notable and vocal objectors — there is less agreement on the economics of the problem and very little on the policy prescriptions to address it. And while a cap-and-trade approach bears substantial cost, it also brings a benefit whose value is incalculable — a steady decrease in emissions that scientists say will over time reduce the risk of climate catastrophe.</p>
<p>Mr. Obama’s budget estimates $645 billion in cap-and-trade revenue over the next 10 years that will largely be paid by oil, electric power and heavy industries that produce the majority of carbon dioxide and other gases blamed for the warming of the planet. Many of these costs are expected to be passed on to consumers.</p>
<p>But Mr. Obama offered a sweetener in the form of tax relief for lower- and middle-income families and billions of dollars in new spending for renewable sources of power to cut emissions and ultimately, it is hoped, bring down the cost of energy. He also plans to spend billions to weatherize homes to bring down heating costs for the poor.</p>
<p>Congress has debated versions of a cap-and-trade regime for years but never enacted one, in part because it would become so complex. The House is working on such legislation now; Senate leaders promise action later this year. Mr. Obama laid out only broad principles and targets, and his aides admit that revenue estimates are only a rough guess and will depend on whatever emerges from Congress. The White House projects the program to be in place starting in 2012.</p>
<p> </p>
<p>http://www.nytimes.com/2009/02/28/science/earth/28capntrade.html</p>
<p></span></p>
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			<media:title type="html">energyethos</media:title>
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		<title>Greenhouse Gas Emissions Are Increasing Worldwide At Higher Rate Than Predicted (Video)</title>
		<link>http://carboncreditsusa.wordpress.com/2009/02/16/greenhouse-gas-emissions-are-increasing-worldwide-at-higher-rate-than-predicted-video/</link>
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		<pubDate>Mon, 16 Feb 2009 17:36:10 +0000</pubDate>
		<dc:creator>carboncreditsusa</dc:creator>
				<category><![CDATA[Climate Change]]></category>
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Using the Arctic as an early warning system, scientists are claiming the amount of greenhouse gas emissions worldwide is higher than predicted. Daniel Sieberg reports. 
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			<content:encoded><![CDATA[<div class='snap_preview'><br /><p><span style="text-align:center; display: block;"><a href="http://carboncreditsusa.wordpress.com/2009/02/16/greenhouse-gas-emissions-are-increasing-worldwide-at-higher-rate-than-predicted-video/"><img src="http://img.youtube.com/vi/I_QIO7EMWKQ/2.jpg" alt="" /></a></span></p>
<div class="watch-video-desc description"><span><strong>Using the Arctic as an early warning system, scientists are claiming the amount of greenhouse gas emissions worldwide is higher than predicted. Daniel Sieberg reports. </strong></span></div>
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