PEW CENTER REPORTS SAY QUICK ACTION REDUCES COST OF CO2 CONTROLS

A major U.S. think-tank is circulating two reports that argue quick action would reduce the costs of reducing greenhouse gases. The reports call for firm regulatory timetables to reduce emissions from electrical utilities and recommend dozens of energy efficiency measures to reduce carbon dioxide (CO2) from buildings, which are both major sources of greenhouse gases in the United States. The Bush administration opposes mandatory CO2 controls, arguing that such standards would cost too much and harm the U.S. economy, but...