Writing on the Wall: Oil industry executives meet
this week in Houston at an annual conference organized by
Cambridge Energy Research Associates, a consultancy
chaired by economic researcher Daniel Yergin. The execs
plan to talk about how to face the twin challenge of the
recession and President Obama´s policy push toward
reducing U.S. dependence on fossil fuels and creating a
green-energy economy.
Judging from this Associated Press
story, oil
industry leaders appear to be growing resigned to the
prospect that they´ll soon be working under either a
cap-and-trade emission credit system or a tax on carbon
emissions. Instead of protesting that either approach
would be ruinous, the oil execs are now debating the
relative merits of the two.
Pre-Cooked Fish? President Obama has
named Harvard
University physicist John Holdren assistant to the
president for science and technology and director of the
Office of Science and Technology Policy, a post for which
he will face a Senate confirmation hearing this Thursday.
Holdren, according to the above-linked Bloomberg
report, will probably push for the U.S. to take part in
the international carbon-curbing
treaty that will
replace the Kyoto Protocol. (The Kyoto replacement pact is
still in the formative stage and doesn´t have a catchy
name yet. Maybe the treaty organizers should consider a
movie-sequel-style title, a la "Kyoto 2: This Time Let´s
Rope in the Big Boys.")
Among other resume items, Holdren advised former Vice
President Al Gore on his climate change documentary "An
Inconvenient Truth." Here´s a
clip of Holdren
talking about global warming on the CBS Late Show with
David Letterman last April.
Warning: This is pretty dry subject matter for the
Letterman show, other than the part where Dave mentions a
peculiar climatic effect he has observed at a pond near
his house.
Pete Fehrenbach is
managing editor of Waste & Recycling News. Past
installments of this column are collected in
the Inbox archive.
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