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Economics Politics & government

[1061] Of global warming in the 2007 State of the Union

After years of denial and under pressure from growing green presence in the Congress, the Bush administration is expected to finally give global warming the attention it deserves:

George Bush is preparing to make a historic shift in his position on global warming when he makes his State of the Union speech later this month, say senior Downing Street officials.

Somehow however, I feel Bush is only happy to touch on global warming instead of discussing further on Iraq. Iraq has been such a failure that it has become a good policy to divert public attention away from Iraq.

Nevertheless, finally, perhaps this is the way forward. This u-turn by the Bush administration might set the momentum we all need to formulate an globally inclusive post-Kyoto plan to combat global warming. Bush’s proposal might be insufficient but a change is still a change.

Earlier this week, ExxonMobil of whom had developed a reputation as the staunch denier of global warming, abandoned its denial stance and joins the fight against global warming. Also, this week, major companies called for a carbon trading system, putting President Bush under pressure just hours before his address:

NEW YORK (CNNMoney.com) — Chief executives from such major corporations as General Electric and DuPont teamed up with environmental organizations Monday, urging U.S. lawmakers Monday to pass sweeping legislation that would ultimately cut greenhouse gas emissions.

This will be an exciting address for us, the greens. The snowball is now an avalanche.