February 21, 2003—The Department of Energy, on behalf of the Administration, recently launched the President’s “Climate VISION” (Voluntary Innovative Sector Initiatives: Opportunities Now) – a voluntary, public-private partnership to pursue cost-effective initiatives that will reduce the projected growth in America’s greenhouse gas emissions. Climate VISION will be administered through the Department of Energy’s policy and international program.
Climate VISION directly responds to President Bush’s announcement made nearly one year ago, to address the long-term challenge of global climate change. As part of this strategy, he committed to reducing America’s greenhouse gas intensity—the ratio of emissions to economic output – by 18 percent during the next decade, and challenged American businesses and industries to undertake broader efforts to help meet that goal.
Climate VISION is part of the global climate change strategy to work with energy partners to meet the President’s greenhouse gas intensity goals. These initiatives build upon the progress made by the industrial sector in the past decade, from 1990 to 2001, while the economy grew by almost 40 percent, greenhouse gas emissions in the industrial sector were constant.
For more information, contact the DOE.
