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From the MoveOn alert: This is a bi-partisan bill, co-sponsored by Senators McCain (R-AZ) and Lieberman (D-CT). It would cap U.S. emissions of heat-trapping gases at year 2000 levels starting in 2010. It would also "establish a market-based system of emissions trading, modeled on the successful 1990 acid rain program, to encourage innovation and help polluting industries meet their targets at the lowest possible cost," according to a New York Times editorial, excerpted below.
This historic vote will take place first thing Thursday morning. Please make your call right away.
General information: http://www.undoit.org/what_is_gb.cfm and http://www.undoit.org/whatsnew_spot6.cfm
How global warming affects you: http://www.undoit.org/what_is_gb_affect_1.cfm
A report showing that the U.S. suffered almost $20 billion in economic losses in 2002 due to extreme weather events, a cost that could increase if the U.S. does nothing to curb global warming: http://uspirg.org/uspirg.asp?id2=10915&id3=USPIRG&
P.P.S: Here are excerpts from the New York Times Editorial, Jan. 15th:
New Players on Global Warming Given the Bush administration's inert approach to global warming, the best hope for getting a start on the problem this year lies with the Senate.... The (McCain-Lieberman) bill provides an economywide approach to cutting emissions of greenhouse gases, mainly carbon dioxide, that threaten to disrupt the earth's climate in environmentally destructive ways. It would require industrial sources to scale back emissions and would also establish a market-based system of emissions trading, modeled on the successful 1990 acid rain program, to encourage innovation and help polluting industries meet their targets at the lowest possible cost.
These targets are more modest than America's obligations under the Kyoto Protocol, the agreement on climate change signed by the Clinton administration in 1997 and rejected as too costly by President Bush. Kyoto has since been ratified by about 100 countries. But given the administration's hostility, even the most aggressive environmentalists in this country would be happy just to establish clear goals and provide incentives for all the big polluters to begin getting a grip on their emissions.
The McCain-Lieberman initiative is a good place to start.... enjoys the support of the major advocacy groups on this issue, as well as that of dozens of progressive companies like Alcoa and British Petroleum that are making emissions reductions in advance of what they are certain will eventually be mandatory targets....
Though it's hard to predict how this will play out, there has clearly been a major attitudinal change, even among Republicans, since 1997, when the Senate approved a resolution expressing doubts about the direction the Kyoto talks were then taking. Many legislators are deeply troubled by reports of shrinking glaciers, dying coral reefs and other ecological changes linked to warming. And many of these same lawmakers - not least Robert Byrd of West Virginia, a co-sponsor of the 1997 resolution - have lost patience with Mr. Bush's let's-wait-for-more-research stance. The time for the McCain-Lieberman approach may well be at hand.
(End of excerpt. For the full editorial, see: ) http://query.nytimes.com/gst/abstract.html?res=F50C15FA38550C768DDDA80894DB404482
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