Thursday, May 25, 2006

Bush on the environment

From TCS Daily.

Despite no conclusive evidence of global warming, the US gov't is taking actions to reduce greenhouse gases -- unlike what you may have heard. While the Kyoto agreement has properly been rejected, the Bush administration has made progress with its Methane to Markets initiative and the Asian Pacific Partnership on Clean Development and Climate Change. Methane is 25 times more powerful as a greenhouse gas than carbon dioxide. The cool thing about this program is that US businesses can make money selling stuff to the developing nations to help them with their emissions.

"One of the fruits of the methane to markets program came last week. China, a chief emitter of methane from its coal mines, has signed an agreement to buy 60 methane generators from Caterpillar Inc. for $58 million. The generators will take in the methane from its largest coal mine, reducing explosions and improving safety and health in the mines while providing 120 megawatts of electricity with reduced greenhouse gas emissions."

Win-win.

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