Posted on 12/06/2004 5:35:12 PM PST by FairOpinion
NEW YORK (Reuters) - A U.S. Senate bill that would attempt to slow global climate change by limiting greenhouse gas emissions has a better chance of becoming law now that the Kyoto protocol has been ratified by Russia, one of bill's authors said on Monday. U.S. Senators Joe Lieberman, a Connecticut Democrat, and John McCain, an Arizona Republican, wrote the Climate Stewardship Act, which seeks to cut greenhouse emissions and create a carbon dioxide market. It was defeated in the U.S. Senate last fall.
The Kyoto pact will go into effect in February after Russia ratified it this fall. It seeks to cut greenhouse gas emissions in developed countries by 5 percent from 1990 levels by 2012.
Since President Bush withdrew from the pact soon after he was elected, saying it was too expensive and wrongly excluded developing nations, Kyoto will create a two-tiered global market that will be expensive for U.S. businesses to contend with, said Lieberman.
"Some of the large business entities, including power generators, will begin for reasons of business efficiency and predictability to press the administration and Congress to do something about climate change," said Democratic Senator Joe Lieberman at a conference here.
The bill lost in 2003 by a vote of 55 to 43, but Lieberman said on Monday the bill effectively lost only a vote or two in the U.S. November elections as lawmakers that had voted for the bill were defeated.
Lieberman also said the euro zone's warming emissions cap and trade program that will launch in January of next year will also spur U.S. businesses to pressure the government on carbon legislation.
"They want predictability," he said.
U.S. utility Cinergy, for example, said last week it was voluntarily reducing emissions and believed it would eventually be required to operate in a "carbon constrained world."
At U.N. climate talks in Buenos Aires on Monday, the United States showed no signs of budging in its opposition to the climate pact.
"Efforts to address climate change will only be sustainable if they also serve a larger purpose of fostering prosperity and well-being for citizens around the globe," Harlan Watson, alternate head of the U.S. delegation, told the Buenos Aires conference, known as COP 10.
McCain has been holding hearings in the Senate this fall in part to boost support for the bill, but Lieberman was hesitant to give a time frame for when it might pass. "I hope we can bring that about in our time."
What are Lieberman and McCain thinking?!
I hope there are enough sensible Senators there, to make sure this bill will never see the light of day.
These 2 CO² emitters, we can do without, for sure.
Now there is an idea I can support. LOL
All those who want to reduce CO2, just stop breathing out.
Sounds good to me.
McCain, can`t Pres.Bush find a nice, harmless appointment of some kind to get him out of our faces.
It would require a lot of tv time for him to take it so probably would`nt accomplish much.
Lets make the margin even more, like 65 to 35 against. And if we pull out of the UN we don't need no stinkin treaty! Kofi has to go!
Lieberman is thinking about his corporate friends making a bucketload playing a bogus market in carbon credits. McCain doesn't think; he grandstands trying to be President. That takes money which happens to come from the same people Lieberman is trying to please.
" McCain, can`t Pres.Bush find a nice, harmless appointment of some kind to get him out of our faces.
It would require a lot of tv time for him to take it so probably would`nt accomplish much."
Put him in charge of the FDA, that way his wife Cindy can get free samples instead of stealing them from an old age home.
My parents used to tell me a story about when I was 3 years old. We lived on the beach, and were out enjoying a day at the ocean. They noticed I had gotten some water in my little toy watch. They said I got up, ran down to the ocean, and poured the water from the watch back into the ocean.
Kyoto will be just as effective at impacting the rate of climate change.
This is the second thread that I have read legislation co-wrote by Lieberman and McCain. I agree with the poster that said that McCain is trying to act like he is president.
I think both of them are--both lost hard fought battles and both are pandered to by the media. Is there any controlling the egos on these two men?
Now, McCain wants to police the Baseball league, I thought he was for Less government and always complains about it.
From now on, anything with either of their names on it, I think I shall try to ignore.

We should put Kyoto to a vote in the Senate.
I predict it will get twice as many votes as it did last time. :^)
This will goad utilities to build for this, no matter what Congress says.
I told you guys a long time ago that Putin signed Kyoto to put pressure on the US to sign it. This is about economic warfare against the US and the rest of the Western world. Russia, for its part, will violate the treaty with impunity, while the US will follow it to the letter (if we are dumb enough to fall for the Kyoto trap).
MM
Is McCain trying to be the new Arlen Specter? This is just plain nuts.
Russia is not entering Kyoto to limit emissions, Russia is entering Kyoto to SELL ALLOWANCES. Who is going to confirm emissions? Russia is vast, lying about obeying a treaty is part and parcel of their history. They did it during the USSR years, I am certain they will do it now.
RE: "McCain, can`t Pres.Bush find a nice, harmless appointment of some kind to get him out of our faces.
It would require a lot of tv time for him to take it so probably would`nt accomplish much"
Remember that, ahem, "post" that Bush 41 gave Ah-Nold back in the day? National Fitness Advisor or something similarly useless?
That job's got demo-publican McCain's name all over it.
McCain for Ambassador to Ukraine?
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