Senator Feinstein Expresses Disappointment that President Bush’s Program on Global Warming ‘Falls Short’ of What is Needed to Prevent Combat Catastrophic Climate Change
Apr 16 2008
Washington, DC – U.S. Senator Dianne Feinstein (D-Calif.) today expressed disappointment that the global warming program outlined today by President Bush falls short of what is needed to prevent catastrophic climate change.
“The President today delivered an important speech on the problem of global warming,” Senator Feinstein said. “The good news is that he acknowledged that action must be taken to ‘slow, stop, and eventually reverse the growth of our greenhouse gas emissions.’
But the problem is this: the President’s plan relies on voluntary action and incentives, rather than a workable, mandatory cap-and-trade program, and other needed policies like energy efficiency tax credits.
The President’s plan is too little, too late. He set a goal of stopping the growth of U.S. greenhouse gas emissions by 2025 – but we cannot afford to wait another decade or two before we take serious action.
The world’s leading scientists have told us that if we fail to take bold and comprehensive action to cut emissions by 75 to 85 percent or greater by the middle of the century, the Earth’s temperature could rise by 4 to 9 degrees or more – and the results would be devastating.
Bottom line: the plan outlined today by the President, unfortunately, falls short of doing what is needed to prevent catastrophic climate change.
The fact is this: there is no silver bullet. We need to go clean and green throughout our economy – in driving, heating, cooling, building and fueling.
The Senate is poised to take up a comprehensive climate change bill later this year. That bill, the Lieberman-Warner bill, would establish a mandatory cap-and-trade system for roughly 86 percent of the U.S. economy. By 2050, it would cut U.S. emissions by 65 percent below 2005 levels, or approximately 58 percent below 1990 levels.
So, this would be a critical step in the right direction – and our best bet for significant action today.”