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U.S. will invest nearly $5.8 billion on climate-change programs, initiatives in 2005

The United States is working domestically and internationally to address the long-term challenge of global climate change

Posted: February 15, 2005

The United States is committed to addressing the long-term challenges of global climate change and will invest nearly $5.8 billion in 2005 on science and technology research and other initiatives aimed at cutting greenhouse gas emissions, according to the State Department.

“While the United States and countries with binding emissions restrictions under the Kyoto Protocol are taking different paths, our destination is the same, and compatible with other efforts," State Department spokesman Richard Boucher said February 15.

He said U.S. policies on climate change are based on meeting the multiple objectives of improving energy security, promoting economic growth and development, reducing poverty, reducing traditional air pollution, and mitigating greenhouse gases.

The United States is helping fund multilateral energy initiatives that investigate technologies “needed to dramatically reduce greenhouse gas emissions on a global scale” – including carbon sequestration, the hydrogen economy, methane recovery and nuclear technology - as well as other international efforts such as the Group on Earth Observations, Boucher said.

The United States also has initiated 14 bilateral climate partnerships with countries and regional organizations, resulting in joint projects on climate change science, cleaner energy technologies, and new policy approaches to greenhouse gases. For additional information on those partnerships, see the State Department fact sheet at:
http://www.state.gov/g/oes/rls/fs/2004/39438.htm.

The Kyoto protocol is scheduled to enter into force February 16.

Following is the text of Boucher’s statement:

U.S. DEPARTMENT OF STATE
Office of the Spokesman
February 15, 2005

Statement by Richard Boucher, Spokesman

UNITED STATES COMMITMENT TO ADDRESS CLIMATE CHANGE

The United States is working domestically and internationally to address the long-term challenge of global climate change. U.S. policies are based on meeting the multiple objectives of improving energy security, promoting economic growth and development, reducing poverty, reducing traditional air pollution, and mitigating greenhouse gases.

President Bush has committed America to reducing the greenhouse gas intensity of the U.S. economy by 18 percent by 2012 -- preventing the emission of more than 500 million tons of carbon over this period. A comprehensive, innovative program of domestic and climate change initiatives supports this goal.

While the United States and countries with binding emissions restrictions under the Kyoto Protocol are taking different paths, our destination is the same, and compatible with other efforts.

For 2005, the United States has committed nearly $5.8 billion to address climate change:

-- Almost $2 billion for scientific research into climate change.

-- Nearly $3 billion for climate change technology research, development, and deployment.

-- Over $200 million for foreign aid programs that contribute climate change benefits.

-- Almost $700 million for renewable energy and energy efficiency through tax incentives.

This budget helps fund the five cutting edge multilateral energy initiatives (The Carbon Sequestration Leadership Forum; The International Partnership for the Hydrogen Economy; Methane to Markets Partnership; International Thermonuclear Experimental Reactor; Generation IV International Forum for Advanced Nuclear Technology) that represent technologies needed to dramatically reduce greenhouse gas emissions on a global scale. It also funds the Group on Earth Observations, a major international partnership to improve our understanding of the science of climate change.

The United States has also initiated 14 bilateral climate partnerships with countries and regional organizations that along with the United States account for over 70% of the global greenhouse gas emissions. These are resulting in joint projects on climate change science, cleaner energy technologies, and policy approaches to greenhouse gases.

For further information, please see:
Fact sheet on U.S. Climate Change Policy (http://www.state.gov/g/oes/rls/fs/2004/38641.htm)
and Fact Sheet on Bilateral and Regional Partnerships (http://www.state.gov/g/oes/rls/fs/2004/39438.htm).

 

 

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