Monday, September 18, 2006

Congressional Budget Office: Bush global warming strategy won't cut it

The Congressional Budget Office has just completed a report which – reading between the lines – concludes that the Bush administration strategy on global warming won’t cut it.

The report was released just before three congressional committees hold hearings this week to examine aspects of the administration’s strategy.

The report concludes that technology research and assistance alone won’t bring about a significant reduction in greenhouse gas emissions.

It concludes that a limit or tax on greenhouse gas emissions would be needed for an effective response.

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