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BloombergObama May Visit Climate Talks Armed With CO2 Ruling (Update2)By Kim Chipman and Jim Efstathiou Jr.
Dec. 7 (Bloomberg) -- U.S. President Barack Obama may go to climate-treaty negotiations in Copenhagen armed with new regulatory powers that could help forge consensus in efforts to curb global warming.
Environmental Protection Agency Administrator Lisa Jackson “will make a significant climate announcement” today, the agency said in an e-mailed statement. The regulator has said it may declare carbon dioxide a health hazard, giving it control over emissions from power plants, factories cars and trucks and other sources.
Unleashing the EPA to set emissions rules will give Obama standing when asking other nations to make commitments for a new global climate treaty, said Kevin Book, a Washington-based managing director for analysis firm ClearView Energy Partners LLC. Obama now plans to visit Copenhagen at the close of the talks on Dec. 18, when other world leaders will be there, rather than this week.
“It’s exactly what you would want to have in your bag on the way to Copenhagen,” Book said in an interview today. “You can’t go and argue for other nations to make changes if you haven’t made any yourself.”
The climate talks among 192 nations opened today.
Autos, FactoriesThe EPA rules would govern heat-trapping pollution that many scientists say may lead to disruptive and irreversible climate shifts.
The Washington-based America Petroleum Institute, which represents oil companies, said today the EPA rules would be “inefficient and excessively costly.” The National Petrochemical and Refiners Association, also based in Washington, said the proposed new rules are based on “selective science.”
“The implications of today’s action by EPA are far reaching...
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http://www.bloomberg.com/apps/news?pid=20601103&sid=aRoEbk.NGyho
Announcement later today...
This could be a game changer that allows the political debate to finally catch up with the science.