{"id":676,"date":"2008-11-21T11:56:59","date_gmt":"2008-11-21T16:56:59","guid":{"rendered":"http:\/\/blogs.edf.org\/climate411\/2008\/11\/21\/obama-cap-and-trade\/"},"modified":"2008-11-21T18:10:02","modified_gmt":"2008-11-21T23:10:02","slug":"obama-cap-and-trade","status":"publish","type":"post","link":"https:\/\/blogs.edf.org\/climate411\/2008\/11\/21\/obama-cap-and-trade\/","title":{"rendered":"Obama Commits to a Strong Cap-and-Trade System"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/blogs.edf.org\/climate411\/wp-content\/blogs.dir\/7\/files\/2008\/03\/tony_kreindler.jpg\" alt=\"Tony Kreindler\" height=\"80\" align=\"left\" hspace=\"8\" class=\"blogAuthorPic\" \/>In a <a href=\"http:\/\/change.gov\/newsroom\/entry\/president_elect_obama_promises_new_chapter_on_climate_change\/\">video message<\/a>  delivered this week to a bipartisan group of governors at a <a href=\"http:\/\/site.governorsglobalclimatesummit.org\/Agenda.html\">global warming summit in California<\/a>, President-Elect Obama made it clear that his <a href=\"http:\/\/neinuclearnotes.blogspot.com\/2008\/11\/obama-addresses-governors-at-global.html\">climate change priorities start with a cap and trade system<\/a> to reduce America&#8217;s global warming pollution and unleash a clean energy revolution.<\/p>\n<blockquote><p>\nMy presidency will mark a new chapter in America\u2019s leadership on climate change that will strengthen our security and create millions of new jobs in the process. That will start with a federal cap-and-trade system. We\u2019ll establish strong annual targets that set us on a course to reduce emissions to their 1990 levels by 2020, and reduce them an additional 80% by 2050. Further, we\u2019ll invest $15 billion each year to catalyze private-sector efforts to build a clean-energy future.\n<\/p><\/blockquote>\n<p><code>[kml_flashembed movie=\"http:\/\/www.youtube.com\/v\/hvG2XptIEJk\" width=\"425\" height=\"350\" wmode=\"transparent\" \/]<\/code><\/p>\n<p>It&#8217;s a momentous statement that lights the fuse for climate change legislation in 2009. This is exactly what America and the world  needs  now &#8211; a strong cap-and-trade bill will <a href=\"https:\/\/blogs.edf.org\/climate411\/2008\/07\/02\/mapping_green_economy\/\">jump-start job creation<\/a> in new energy industries, and take a huge step toward solving climate change.<\/p>\n<p><i>This post is by Tony Kreindler, media director for the National Climate Campaign at Environmental Defense Fund.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a video message delivered this week to a bipartisan group of governors at a global warming summit in California, President-Elect Obama made it clear that his climate change priorities start with a cap and trade system to reduce America&#8217;s global warming pollution and unleash a clean energy revolution. My presidency will mark a new &#8230;<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[43],"tags":[],"coauthors":[],"class_list":["post-676","post","type-post","status-publish","format-standard","hentry","category-economics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Obama Commits to a Strong Cap-and-Trade System - Climate 411<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.edf.org\/climate411\/2008\/11\/21\/obama-cap-and-trade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Obama Commits to a Strong Cap-and-Trade System - Climate 411\" \/>\n<meta property=\"og:description\" content=\"In a video message delivered this week to a bipartisan group of governors at a global warming summit in California, President-Elect Obama made it clear that his climate change priorities start with a cap and trade system to reduce America&#8217;s global warming pollution and unleash a clean energy revolution. 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