Thursday, April 18, 2013

Bloomberg View: The Right Way Forward on Climate Change

President Barack Obama told the nation that he was prepared to "act before it is too late" and the fight against climate change by the White House If Congress does not want lawmakers made lead.Given can not agree on a landmark agreement cap-and-trade even Democrats controlled both the Senate and House of Representatives, congressional action this year unlikely. The government should move forward with its own.Over last two decades, the U.S. has made significant progress in reducing carbon emissions. And last year, pollution from energy use fell to its lowest level since 1992, according to the U.S. Energy Information Administration. However, the U.S. accounted for about 19 percent of all emissions that cause global temperature rise, sea level rise, and the devastating droughts, floods, and hurricanes, according to a government advisory panel released only way to get past month.The significant weight to limit the emissions of more than 500 existing coal power plants, which spew about 2.2 billion tonnes of carbon dioxide each year, more than any other U.S. sources. The transition will not be not easy, given the steep resistance from the coal industry and many congressional patron, said carbon limits will increase the price of electricity and distract the U.S. economy, and make the power grid less reliable.It likely, however, to take the coal industry concerns into account. The Natural Resources Defense Council proposed setting individual state budgets for carbon emissions, coal plants to get a little higher distribution-1, 500 pounds of carbon per megawatt-hour of natural gas. The Environment Protection Agency may operate in the country to establish an overall limit on carbon emissions and then allows the local government to find out how to get there the model area for ozone and other pollutants. And in formulating the rules, the agency can empower the industry to the table, as is the case when working with automakers to design fuel efficiency standards.The administration must continue to push efforts to encourage energy efficiency, which can be extremely reduce emissions, and consumer electricity bills by making energy sources cleaner and more productive. The White House needs to accelerate its own efforts to create tools and equipment such as walk-in freezer is better. Delay of monthly consumer expenditure and business $ 300 million in savings and add 4.4 million metric tons of carbon into the atmosphere, according to the American Council for an Energy-Efficient Economy. In his speech, the President brought some other ideas: divert some of the oil and gas drilling for research on alternative-fuel technologies, and to make permanent the tax subsidies for wind and solar power. While looking for ways to help the renewable energy like solar and wind to compete with fossil energy provides embedded essential, Obama's ideas would require congressional action. The White House must find other ways to boost clean energy, including by continuing to attempt to shift the Department of Defense, the nation's largest energy user, the first use of the term cleaner sources.In Obama , EPA issued a rule to limit emissions of mercury, updating Boiler, and clean power plants in general. As Congress continues to age sclerosis, Obama's rule making remains the most powerful tool for reducing greenhouse gas emissions.To reading Jonathan Mahler about why boxing and Simon Johnson died in megabanks, visit: Bloomberg. com / viewing.

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