US Carbon Emissions Bill rejected by Senate

NEXT CARBON-CAPPING BILL CERTAIN TO BE PASSED IN 2009

The US Senate has rejected a carbon-capping bill aimed at cutting
emissions by 66 percent by 2050.

A coalition of green groups - including the Natural Resources Defence
Council, Environmental Defense Fund and the National Wildlife
Federation - issued a statement accusing the powerful coal and oil
industries of joining together to thwart the legislation that narrowly l
narrowly lost yesterdayl 46-36.

Senate insiders told www.DailyPlanetMedia.com/ that next year another
bill evoking strong legislation to reduce emissions was certain to be
passed by the Senate, due to the declared support of both major party
presidential candidates Republican McCain and the Democrat's Barack
Obama.

Previous climate change legislation was introduced into the Senate in
2003 and 2005 had failed, however, rising public support for the
emissions reduction measure to ward off severe climate change would
ensure that the next bill was carried, Senate legislative observers said.

The Climate Security Act would have cut US greenhouse gas emissions
by about 2 percent per year between 2012 and 2050, based on 2005
emission levels, which would have capped carbon emissions by 87
percent of power plants and oil refineries.

The Senate was told that that CO2 resulting mainly from the emissions
of fossil fuels was the primary trigger for global warming due to the
greenhouse effect.

The main reason for the bill's rejection was the staunch opposition from
President George W. Bush who opposed the bill on the grounds that it
would damage the US economy as it moves into a recession.

For more information on global warming and climate change, please
visit www.EarthCharterFoundation.com/ and
www.DailyPlanetMedia.com/

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