sourceLOS ANGELES AND BOSTON – California's landmark deal to require a 25 percent cut in industrial greenhouse gases by 2020 is a largely symbolic victory with only a tiny impact on climate. But it's one that could prompt significant change in the nation's stance on global warming - and give the state a competitive edge in future years.
The agreement, which has not yet cleared the state legislature, would require industries - including oil refineries, chemical manufacturers, and utilities - to slash carbon-dioxide emissions.
Coming just two weeks after seven Northeast states
officially approved a cap on CO2 emissions from electric utilities,
California's far broader measure could presage a growing push among
states to cut emissions.Thus far, the Bush administration has resisted efforts
to institute federal mandatory reductions on CO2 that might increase
costs to business and harm the economy. Many California business groups
also worry the measure will encourage businesses to locate elsewhere.
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