"It Is The President's View That Technology Is The Solution" - Sam Bodman & His Philosopher-King

[hatrack]

Privately-funded technology will do more to curb dangerous global warming than the mandated capping of carbon emissions favored by the European Union, a senior US official said Monday. "It is the president's view: technology is the solution," said US Secretary of Energy Samuel Bodman while attending a meeting of the International Energy Agency in Paris, referring to George W. Bush.

Bodman rejected the approach already adopted by European nations of sharply curbing the emissions of greenhouse gases that drive global warming, setting up a potential clash at next month's Group of Eight summit hosted by Germany in the town of Heiligendamm on June 6-8.

German Chancellor Angela Merkel, backed by Tony Blair of Britain, are pushing for a strong commitment at the summit from the world's most industrialized nations on curbing greenhouse gases.

The United States has reportedly objected to provisions in a draft summit statement pledging to ensure that average global temperatures do not rise by more than 2 C (3.2 F), and to cut carbon dioxide pollution by 50 percent before 2050, with 1990 the baseline in both cases. Bodman said the most promising technology for mitigating global warming was carbon sequestration, the storing of industrial carbon emissions in chambers deep under ground, followed by the expansion of nuclear and then solar power.

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http://www.terradaily.com/2007/070514160147.okhlay4i.html