Editorial: Save the economy and the planet

Author: 
28 October 2008
Publication Date: 
Fri, 2008-11-28 03:00

If Barack Obama follows through on his commitments, this country will at last provide the global leadership that is essential for addressing the dangers of climate change, said The New York Times in an editorial yesterday. Excerpts:

Environment ministers preparing for next week’s talks on global warming in Poznan, Poland, have been sounding decidedly downbeat. From Paris to Beijing, the refrain is the same: This is no time to pursue ambitious plans to stop global warming. We can’t deal with a financial crisis and reduce emissions at the same time.

There is a very different message coming from this country. President-elect Barack Obama is arguing that there is no better time than the present to invest heavily in clean energy technologies. Such investment, he says, would confront the threat of unchecked warming, reduce the country’s dependence on foreign oil and help revive the American economy. Call it what you will: A climate policy wrapped inside an energy policy wrapped inside an economic policy. By any name, it is a radical shift from the defeatism and denial that marked President Bush’s eight years in office. In his first six months in office, Bush reneged on a campaign promise to regulate carbon dioxide and walked away from the Kyoto Protocol, a modest first effort to control global greenhouse gas emissions.

One is to impose (Congress willing) a mandatory cap on emissions aimed at reducing America’s output of greenhouses gas by 80 percent by midcentury. According to mainstream scientists, that is the minimum necessary to stabilize atmospheric concentrations of carbon dioxide and avoid the worst consequences of global warming.

The historical landscape from Richard Nixon onward is littered with bold and unfulfilled promises to wean the nation from fossil fuels, especially imported oil. What is different now is the need to deal with the clear and present threat of global warming.

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