Monday, December 03, 2007

Al Gore vs. Bush Global Warming Policy at Bali Conference


The Bali Climate Change Conference starts today and U.S. companies and investors are supporting Al Gore's global warming policy, not George W. Bush's.

Or as they phrase it over at Bloomberg:

Seven years after he lost the U.S. election, Al Gore has more influence on U.S. global warming policy than the man who defeated him, President George W. Bush.

As talks on a new world emissions treaty open today on the Indonesian island of Bali, companies and investors such as General Electric Co., Chevron Corp. and Lehman Brothers Holdings Inc. are backing Gore's push for global limits on climate- changing carbon emissions, a strategy Bush opposes.

The official U.S. delegation to the United Nations- sponsored Bali talks will probably continue Bush's opposition to mandatory emissions curbs and preference for voluntary measures. Bush leaves office in January 2009, before a new accord will be ready.

The unofficial U.S. group in Bali will include the former Vice President Gore, winner of the Nobel Peace Prize for his work on climate change, and Democratic Senator John Kerry of Massachusetts, whom Bush defeated for re-election in 2004. Republican California Governor Arnold Schwarzenegger, who favors limits and the trading of carbon-emission credits, may also attend.

There are 186 countries represented at the Bali Conference and a whopping 1,280 media journalists will be there! [Larry Craig will be there too, but that's another post!]