Carbon Cap and Trade Batting Leadoff?
President -elect Barack Obama has consistently linked the importance of the economy and energy. His latest statement came via video at today's Global Climate Summit in Beverly Hills.
In front of a large audience including twelve governors (yep, host Arnold Schwartzenegger was there too), Obama left no wiggle room for his Administration. He clearly stated that he will take an aggressive, multi-facted approach that will both rebuild the US economy through the creation of a new energy economy and stop climate change.
One intriguing tidbit: Obama infers that setting up a Federal cap and trade system may be his Administration's first step. Certainly makes sense. There needs to be action now, across multiple fronts.
Carbon cap and trade can be quickly and effectively deployed. Companies like EcoSecurities are already taking what they've learned in Europe and applying to the voluntary carbon market here in the US.
Re-building the US economy and solving climate change won't happen overnight. But we need to start immediately.
Tags: arnold schwartzenegger, carbon trading, cleantech, climate change, global climate summit, green, obama, obama+green
Posted by Mike Farber on November 18, 2008 at 3:20 PM
