What is the current Administrations climate change strategy and will it reduce the nations greenhouse gas emissions?
• On February 14, 2002, President Bush announced a new climate change strategy for the United States that sets a voluntary “greenhouse gas intensity” target for the nation, expands existing programs encouraging companies to voluntarily report and reduce their greenhouse gas emissions, and proposes increased federal funding for climate change science and technology development. Some elements of the Administration’s strategy may provide additional incentive to companies to voluntarily reduce greenhouse gas emissions. However, the Administration’s target – an 18 percent reduction in emissions intensity between now and 2012 – will allow actual emissions to increase 12 percent over the same period. Emissions will continue to grow at nearly the same rate as at present.
