The time has come for a new direction on climate policy based on the ability of businesses to lead the development of new technologies to address global concerns about greenhouse gas emissions. One of the things the administration should be applauded for is early recognition that the Kyoto protocol is significantly flawed and that continuing to invest efforts and resources into fixing it will simply be futile. There's a fundamentally more effective way of dealing with climate change, which is one based on technological development, and that's the one we support. The New York Times, March 29 . In the wake of its rejection of an international treaty to curtail global warming, the Bush administration is seeking advice from a wide array of scientists, economists, business representatives and policy experts as it tries to forge a new approach to the contentious issue.
Carbon dioxide absorbs heat from sunlight and warms up the Earth.
While changes in climate can contribute to some disease outbreaks, it is not yet possible to determine if global warming causes diseases to spread, a panel of independent U.S. scientists said on Monday. The United States has made significant progress in reducing the growth of greenhouse gas emissions that contribute to global warming. For example, in 1998 and 1999, U.S. greenhouse gas emissions grew by just one percent while the overall Gross Domestic Product grew by 8 percent. White House Fact Sheet on Climate Change , Nov. 2000. The analysis by the GCC Economics Committee focuses on Employment, Economic Activity, Carbon Prices and Permit Trading, Energy Prices, Energy Demand, and the Electricity Sector.