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COMPRESSED FACTS Odessa,
TX 800.478.0011 |
MAR/APR 2001 For Print Copy (MSWord 684.50KB)Click Here
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Articles:
Whitehouse Rejects Kyoto Treaty No Oil Exploration on Alaskan Reserve California Congresswoman Introduces Landfill Gas Bill
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White House Rejects Kyoto Treaty Back to Top Source: Alexander's Oil & Gas Connections & Washington Times The 1997 Kyoto treaty, in which the world’s developed
countries agreed for the first time to cut emissions of climate changing
gases, has recently been rejected by the United States. The treaty calls
for the United States to slash emissions of carbon dioxide and other
greenhouse gases by one-third to 7 percent below 1990 levels by 2010. The
Bush administration has rejected the terms of the treaty and also opposes
the treaty’s exemption of developing countries from strict emissions
curbs. White House officials are taking legal advice on how
to pull out of the treaty that has yet to be ratified by Congress. The
president of the U.N. conference on climate change, Jan Pronk, said that
he is willing to make it easier for the United States to comply with the
treaty, but he will not accept any proposal from the US to drop the
existing treaty and negotiate a new one. In spite of storms of protest from across the globe,
the Bush administration is suggesting that it will propose a new approach
at upcoming negotiations in July. In light of Mr. Pronk’s promise to
make it easier for the US to comply with the treaty, he is offering that
the United States can achieve up to 90 percent of its emissions cuts by
relying on the carbon absorbing powers of its forests, grasslands, and
farmlands. This compromise appears to go further in accommodating the US
than collapsed negotiations in The Hague went in December 2000. Should Washington stick with its’ rejection of the
1997 Kyoto treaty, other countries would still proceed and ratify the
protocol, Pronk said. However, he admitted that it would be difficult to
do without US compliance. “We need 55 countries standing for at least
55% of emissions in 1990 to ratify Kyoto,” he said. President George W. Bush has said, “We’ll be working with our allies to reduce greenhouse gases. But I will not accept a plan that will harm our economy and hurt American workers.” Back to Top
Confusion Regarding Oil Exploration on Alaskan Reserve Back to Top Source: Oil & Gas Online & Oil & Gas Journal In remarks during a CBS television interview as
part of a series of presentations for Earth Day, EPA head Christine Todd
Whitman remarked that for the time being the White House will not promote
oil exploration in the Artico Federal Reserve in Alaska. Fleischer has indicated that the anticipated energy
proposal to be released by the vice-president's energy task force in
mid-May will include a provision calling for the opening of a small
portion of the Artic National Wildlife Refuge. House debate on opening the Artic National Wildlife Refuge is anticipated this summer.
California Congresswoman Introduces Landfill Gas Bill Back to Top Source: Oil & Gas Online & Oil & Gas Journal On March 13, 2001 Rep. Mary Bono, R-Calif.,
introduced a bill into Congress to require the Secretary of Energy to
assign the same priority to providing renewable energy production
incentive payments for landfill gas facilities as the priority assigned to
providing such payments for other biomass facilities. The bill is an amendment to Section 1212(a) of the
Energy Policy Act of 1992, which would give a 1.7 cent per kilowatt hour
subsidy for power created using landfill gas. On March 13th bill was referred to the Committee on Energy and Commerce As of March 29th the bill now sits with the Subcommittee on Energy and Air Quality. Back to Top
Industry Events Back to Top E-mail: tech-prog@otcnet.org Phone: 972.952.9494
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