To the Federal inertia in the fight against global warming, the seven states of the northeast United States have launched a joint initiative to reduce emissions of greenhouse gases by a tradable quota system CO2.
The governor of New York, George Pataki, a Republican, said yesterday that the regional initiative on greenhouse gas (Regional Greenhouse Gas Initiative - RGGI) would lead to a reduction in carbon dioxide emissions while encouraging development of new technologies to reduce dependence of the states concerned on foreign oil.
The signatory states (New York, Connecticut, Delaware, Maine, New Hampshire, New Jersey and Vermont) will be held from 2009 to stabilize their emissions, and begin to reduce in 2016.
Under pressure from the powerful US energy lobby, President George Bush released his country the Kyoto Protocol in 2001 claiming that binding measures to reduce the greenhouse gas emissions of global warming would damage the US economy.
Therefore, several EU states have decided to use their legislative powers to limit their own emissions.
"Given the refusal of the Bush administration to reduce pollution of greenhouse gases, it is a great initiative that goes beyond parties," said climatologist Peter Frumhoff.
At the beginning of next year, each of the States bound by this program will bring its legislation into conformity with the requirements of the RGGI.
If the United States first launched the idea of markets "license to pollute", since they lagged other developed nations.
RGGI should encourage plants to invest in clean energy projects such as wind farms.
source: The duty
Site RGGI: http://www.rggi.org
Rulian Note: This initiative may seem a little inadequate, but given the US federal political context on GHG, it seemed important to convey the info and applaud with both hands (and two feet) political courage that was necessary. Especially since it is surprising that a Republican who has initiated the project!