President-Elect Obama at the Governors’ Global Climate Summit:
My presidency will mark a new chapter in the Federal role in fighting climate change.
– Federal cap & trade system (yeah!),
– Target 1990 emissions levels by 2020, 80% reduction by 2050
– $15b/year investment (still including “safe” nuclear & “clean” coal)
– Create 5 million green jobs (“that can’t be outsourced”)
There was a standing ovation for the video appearance (it was hard to resist interrupting it with applause) and moist eyes all over the room.
It’s a major milestone and a new day — the USA finally firmly on the path CA and others have pioneered. And now the work — to reimagine and reinvent the human economy — really begins.