To: Zoltan! who wrote (226789 ) 2/13/2002 2:05:48 PM From: greenspirit Respond to of 769670 Bush to unveil climate initiative Thursday spacedaily.com | 13 Feb 02 | AFPspacedaily.com SPACE WIRE Bush to unveil climate initiative Thursday WASHINGTON (AFP) Feb 13, 2002 US President George W. Bush on Thursday will unveil his alternative to the Kyoto climate change treaty he rejected early last year, the White House said Wednesday. "The president will be making an announcement tomorrow about a new approach, a new policy, to reduce greenhouse gas emissions throughout the world, led by the United States," said Bush spokesman Ari Fleischer. Bush's decision to declare the Kyoto Protocol dead early last year roiled a large number of nations, including many key US allies, even as the administration said it would offer its own proposals. The president's announcement will come two days before he heads off on a week-long Asia swing that will take him to Tokyo, Seoul and Beijing. An annual report by the president's Council of Economic Advisers released last week gave a foretaste of how top US officials hope to replace the global warming accord Bush declared dead early in his term. "The current uncertainty surrounding climate change implies that a realistic policy should involve a gradual, measured response, not a risky, precipitous one," the advisers said in their report. "The uncertainty surrounding the science of climate change suggests that some modesty is in order. We need to recognize that it makes sense to discuss slowing emission growth before trying to stop and eventually reverse it," they said. The report suggests that a "modest, near-term goal to mitigate greenhouse gas emissions" could take many forms. "A greenhouse gas emission target could be indexed to economic output or other measures of economic activity. Or one could express the goal in terms of greenhouse gas emission intensity, that is, the amount of emissions per unit of economic activity," according to the document. "Both these ideas describe targets that are flexible in the face of economic growth, encouraging reductions without threatening the economy," the advisers wrote. "The president continues to view (the accord) as a treaty that would harm America economically and a treaty that is flawed because it exempts so many nations around the world," Fleischer said last week. But "the president is committed to reduce greenhouse gas emissions, in doing so, without harming the economy, in doing so in an manner that includes the nations of the world as opposed to exempting them," the spokesman said.