Bush: "Read My Lips! No New Caps!"

Tue, 2007-10-16 06:23Ross Gelbspan
Ross Gelbspan's picture

Bush: "Read My Lips! No New Caps!"

President George W. Bush said on Monday his administration's approach of emphasizing voluntary approaches to address climate change was working and he denounced Kyoto-style mandatory caps as “bad policy.”

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Solar farm

Pressure continues to grow for European politicians to agree to further reductions of greenhouse gas emissions between now and 2030.

The European Union’s 2020 climate and energy package, which is binding legislation, calls for emissions to be cut by 20 per cent from 1990 levels by 2020. In addition, the plan calls for energy efficiency savings of 20 per cent and a 20 per cent increase in renewable energy technologies.

While the European Union seems largely on track to meet those targets, later this month...

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