February 14, 2002: Bush Announces Administration’s Alternative to Kyoto and ‘Clear Skies’ Initiative

President Bush unveils a plan to reduce the “intensity” of greenhouse gases by 18 percent. Greenhouse gas intensity is the ratio of emissions to economic output, meaning that global warming pollution would continue to grow, but at a slower pace. This target would be achieved through $4.6 billion in tax credits and incentives, spent over a five-year period, to encourage businesses and farmers to cut their emissions. For example, the plan would provide tax credits to businesses that use renewable energy sources. [CNN, 2/14/2006; New York Times, 2/14/2006] Critics of the plan say a voluntary program based on tax credits and incentives represents a weak alternative to the Kyoto Protocol’s mandatory reductions which would cut emissions well below their 1990 levels by 2010. “We’ve found that these voluntary programs just don’t work,” says Joseph Lieberman. [CNN, 2/14/2006] The New York Times notes, “The one thing the climate policy would not do is require anything of anybody.” [New York Times, 2/14/2006] The president also introduces a second plan aimed at curbing air pollution. The “Clear Skies Initiative” would require reductions of sulfur dioxide emissions by 73 percent, nitrogen oxides by 67 percent, and mercury by 69 percent, by 2018. But the plan includes no reductions for carbon dioxide, the main greenhouse gas. Companies would be able to purchase credits from other businesses that have reduced their emissions below required levels. Unlike the plan supported by environmentalists and many Democrats, Bush’s program would delay these reductions until 2010 or later. [CNN, 2/14/2006; New York Times, 2/14/2006]