TODAY the leaders of the world's eight most prosperous nations will gather in Scotland to talk about one of the most important challenges facing the international community: global warming. With 141 countries committed to the goals of the Kyoto Treaty, the G8 Summit is an opportunity for these world leaders to focus on this urgent problem. In the United States, cities across the country are taking up this cause. Alongside giants of the private sector, such as the CEOs of General Electric and Cinergy, a movement to address global warming is building.
And why? Because the effects of global warming are being felt everywhere. In the Pacific Northwest, for example, recent declines in mountain snow pack are affecting the water supply and the ability to get hydroelectric power. In response to this and other worrying signs, Seattle has enacted a number of reforms to reduce its greenhouse gases.
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The business community is also starting to hear the concerns of the public and see the opportunities for innovation. A growing number of corporations, including retail chains like Starbucks and energy providers like Cinergy and Duke Energy, recognize the threat of global warming. They are cutting their own emissions and demanding federal action to encourage others to do the same. What they and other companies are learning is that the demand for energy efficiency and renewable energy is a job creator, not a job killer. Necessity, as it always has, is inspiring us to new levels of technological invention. These technologies could be the economic engine of tomorrow, bringing valuable new jobs to communities across the United States and the world.
In Seattle, I've seen firsthand how facing the challenge of climate change is the right thing to do for the economy, the regional environment, and the quality of life of residents. I know quite a few other mayors who would tell you the same. As the G8 Summit begins, Americans from all walks of life will be watching: Watching to see if our leaders are ready to confront the effects of global warming, to provide new economic opportunities, and to provide a safer, cleaner future for coming generations."
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