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Monday, April 26, 2010

Fwd: Energy & Environment Update: Global Warming Treaty Still Off Track



  

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UN Global Warming Treaty Still Off Track

By Ben Lieberman

The United Nations' first significant global warming meeting since last December's Copenhagen summit just wrapped up in Bonn, with no progress toward a new international treaty to replace the Kyoto Protocol. This meeting was supposed to help lay the groundwork for an agreement at the next major conference scheduled for Cancun, Mexico, in December. However, none of the issues that doomed negotiations in Copenhagen have been resolved, and it looks very unlikely that the process will be fixed this year.

But what is bad news for the U.N. climate treaty negotiators is good news for the rest of the world, as a new treaty would be an economically ruinous solution to what is increasingly looking like a non-problem.

>> Click here to read Ben Lieberman's full report

 Global Warming on the Hill

An Update from Heritage's Senate Relations Deputy Dan Holler

Over the weekend, Senator Graham (R-SC) abruptly pulled out of negotiations on global warming legislation with Senators Kerry (D-MA) and Lieberman (I-CT).  The reason?  President Obama, Speaker Pelosi (D-CA) and Senate Majority Leader Reid (D-NV) said immigration reform is more of a priority.  Abandoning a bill that will hurt the economy and raise gas prices seems like good policy and good politics, but it is unwise to consider any poorly conceived Washington policy idea as permanently deceased. 

For information on cap and trade, visit Heritage's Rapid Response page, which features research, commentary, blog posts, charts and additional policy resources.

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