Day: February 25, 2009

Obama seeks U.S. carbon emissions cap

President Barack Obama on Tuesday called on Congress to send him legislation that places a market-based cap on U.S. carbon polluting emissions and pushes the production of more renewable energy.

In his first speech to a joint session of Congress, Obama said that “to truly transform our economy, protect our security, and save our planet from the ravages of climate change, we need to ultimately make clean, renewable energy the profitable kind of energy.

Good, Canada will have to harmonize. Stephen Harper was last seen pretending that his “intensity based”” approach was just a “different” way of measuring emissions. You can say that speed and distance are just two ways of measuring travel!

It is still early and we will see what the US congress can come up with, and what egregious exemptions and offsets it will provide for. Lobbying is already fast and furious. But the news emanating from Obama is promising on the climate change front.