Obama

An a video message delivered this week to a bipartisan group of governors at a global warming summit in California, President-Elect Obama made it clear that his climate change priorities start with a cap and trade system to reduce America’s global warming pollution and unleash a clean energy revolution.

My presidency will mark a new chapter in America’s leadership on climate change that will strengthen our security and create millions of new jobs in the process. That will start with a federal cap-and-trade system. We’ll establish strong annual targets that set us on a course to reduce emissions to their 1990 levels by 2020, and reduce them an additional 80% by 2050. Further, we’ll invest $15 billion each year to catalyze private-sector efforts to build a clean-energy future.

It’s a momentous statement that lights the fuse for climate change legislation in 2009. This is exactly what America and the world needs now – a strong cap-and-trade bill will jump-start job creation in new energy industries, and take a huge step toward solving climate change.

The video will be put later.