President Bush may ask Congress to consider legislation to combat global warming as early as this week. An unmanageable web of US regulatory law, as well as upcoming meetings with world powers, has motivated Bush to take action.
Currently businesses must follow three pieces of complex legislation: the Endangered Species Act, the National Environmental Policy Act, and the Clean Air Act. Apparently, Bush wants to make it easier for corporations to assess and uphold what is required of them. But, according to the Washington Times, some Congressional Republicans fear runaway legislation and think Bush is making a mistake.
A debate in Congress about global warming will likely heat up in June, prior to the G-8 conference in July. We might get a preview this week, as US officials will be in Paris to meet with other world economic powers. All three presidential candidates want to increase action by the federal government. Specifically, they all endorse a cap-and-trade system similar to Europe's. It is unlikely that Bush wants to go that far, but it is still unclear what he has in mind.
What action would you like to see the US federal government take to cut greenhouse emissions and combat global warming? Do we need to streamline regulations to save the planet?