CLIMATE CHANGE POLICY United The United States of America Schwartz, Swallow, and Wu Global Energy Consulting, Inc.

CURRENT POLICY Unilateral Reduction in Greenhouse Gas Emissions Utilize market forces and tax incentives to encourage American businesses to reduce emissions and implement climate-conscious business practices. Goal of 18% Reduction in U.S. Green House Gas (GHG) Intensity Rate in next decade Increase Climate Change Related Research/Technology Spending to $4.5 billion Current Bush Administration Climate Change Policies

US government is “not doing enough” to address global warming and develop alternative energy sources & policy. Americans believe we should be leading the world in clean, alternative energy. U.S. Public Opinion: Climate Change

Americans want freedom, self sufficiency and independence in our energy policies; Americans want accountability. They want their leaders to show they will do the right thing, put money to good use and act accordingly themselves; Americans want more investment in alternatives fuels; they see alternative energy as a path to economic growth and new jobs. U.S. Public Opinion: Climate Change

TRANSFORMING THE U.S. ECONOMY The Challenge The high-carbon economy low-carbon economy, based on sustainable sources of energy 

THE FIVE RECOMMENDATIONS TOWARDS A NEW ENERGY OPPORTUNITY A new energy outlook can be a boon for the economy. The Centerpiece: Economic Opportunity

THE FIVE RECOMMENDATIONS TOWARDS A NEW ENERGY OPPORTUNITY Implement an economy-wide cap-and-trade program for greenhouse gases The Centerpiece: Economic Opportunity

THE FIVE RECOMMENDATIONS TOWARDS A NEW ENERGY OPPORTUNITY Transform our transportation network Increase vehicle fuel efficiency Boost production and availability of low-carbon fuel-alternatives Invest in low-carbon transportation infrastructure The Centerpiece: Economic Opportunity

THE FIVE RECOMMENDATIONS TOWARDS A NEW ENERGY OPPORTUNITY Overhaul our electricity industry by: Improving the efficiency of energy production and use Increasing production and consumption of renewable energy Promoting the use of “advanced coal” through carbon capture-and- storage systems The Centerpiece: Economic Opportunity

THE FIVE RECOMMENDATIONS TOWARDS A NEW ENERGY OPPORTUNITY Create White House National Energy Council The Centerpiece: Economic Opportunity

THE FIVE RECOMMENDATIONS TOWARDS A NEW ENERGY OPPORTUNITY Lead by example. The Centerpiece: Economic Opportunity