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CLIMATE CHANGE POLICY United The United States of America Schwartz, Swallow, and Wu Global Energy Consulting, Inc.
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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
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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
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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
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TRANSFORMING THE U.S. ECONOMY The Challenge The high-carbon economy low-carbon economy, based on sustainable sources of energy
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THE FIVE RECOMMENDATIONS TOWARDS A NEW ENERGY OPPORTUNITY A new energy outlook can be a boon for the economy. The Centerpiece: Economic Opportunity
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THE FIVE RECOMMENDATIONS TOWARDS A NEW ENERGY OPPORTUNITY Implement an economy-wide cap-and-trade program for greenhouse gases The Centerpiece: Economic Opportunity
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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
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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
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THE FIVE RECOMMENDATIONS TOWARDS A NEW ENERGY OPPORTUNITY Create White House National Energy Council The Centerpiece: Economic Opportunity
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THE FIVE RECOMMENDATIONS TOWARDS A NEW ENERGY OPPORTUNITY Lead by example. The Centerpiece: Economic Opportunity
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