Thursday, March 15, 2001 FULL SHOW | HEADLINES | NEXT: New Electromagnetic Crowd Control Weapon Heats Up Dissenters
2001-03-15

Bush Bows to Energy Lobby, Reverses Campaign Vow to Regulate Carbon Dioxide Emissions

download:   Audio Get CD/DVD More Formats
DONATE →
This is viewer supported news

Only one day after President Bush reversed his campaign promise to regulate carbon dioxide emissions, scientistsdispelled any lingering doubts about the increase of greenhouse gases in the atmosphere. The new evidence, based onsatellite data gathered over 27 years, links pollution to global warming and major climate disruption.

President Bush said yesterday he backed off his campaign promise because of the country’s energy problems and notbecause of pressure from industry lobbyists. Bush said he fears limits on carbon dioxide emissions from power plantswould increase electricity prices.

But it appears that more is at work in high energy prices than the cost of protecting the environment. Californiaregulators and market experts have long charged that generating companies jack up electricity prices by withholdingavailable power plants to create an artificial shortage, forcing the state to buy power at higher prices. Yesterday,the Federal Energy Regulatory Commission charged that Williams and AES Southland, two companies that sold electricityto power-plagued California might have engaged in such tactics to inflate prices, potentially earning $10.8 millionin excessive profits.

The action comes a few days after the agency said it might require 13 generating companies, including Williams, toreturn as much as $69 million to California for overcharging consumers.

Guest:

  • Ross Gelbspan, author of ??The Heat Is On.

Related link:

Recent Shows More

Full News Hour

Stories

    2014-0730_siegman1
    "A Slaughter of Innocents": Henry Siegman, a Venerable Jewish Voice for Peace, on Gaza
    Today, a special with Henry Siegman, the former executive director of the American Jewish Congress, long described as one of the nation’s "big three" Jewish organizations along with the American Jewish Committee and the Anti-Defamation League. Henry Siegman was born in 1930 in Frankfurt, Germany. Three years later, the Nazis came to power. After fleeing Nazi troops in Belgium, his family eventually moved to the United States. His father was a leader of the European Zionist movement, pushing for the creation of a Jewish state. In...

Headlines

    There are no headlines for this date.


Creative Commons License The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.