Oct 30, 2006 — WASHINGTON (Reuters) - The White House on Monday gave a nod to a British report urging action on global warming but one environmentalist said the Bush administration goals on climate change amount to business as usual. The report by former World Bank chief economist Nicholas Stern said immediate international action to stabilize the greenhouse gas emissions that spur global warming would have economic benefits that would far outweigh the costs.
In an e-mailed statement, the White House Council on Environmental Quality said, "The U.S. government has produced an abundance of economic analysis on the issue of climate change. The Stern Report is another contribution to that effort."
The statement from spokeswoman Kristen Hellmer said the United States is "well on track to meet the president's goal to reduce greenhouse gas intensity of our economy 18 percent by 2012." ED: Well, isn't that just SOOOOOOOO special?!?
The problem, said Annie Petsonk of Environmental Defense, is that this goal essentially requires only the status quo. "This is just business as usual for this economy," Petsonk said by telephone. "The result is no reduction in America's total greenhouse gas emissions."
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http://www.abcnews.go.com/Politics/wireStory?id=2616578