Fletcher in the News

Obama Announces First Ever Limits on CO2 Emissions: Rishikesh Ram Bhandary (PhD Cand.) Weighs In

The Sydney Morning Herald

The Obama administration has announced regulations that would cut the amount of carbon dioxide the US energy sector may emit by 30 per cent on 2005 levels by 2030, the first ever national limits on the greenhouse gas introduced in the United States.

…The energy and resource analyst Rishikesh Ram Bhandary at Tufts University said though it was impossible to predict how significantly the regulations would slow climate change, the announcement was extremely significant in signalling to industry how serious the Obama administration was in wanting to cut emissions and increase investment in cleaner technologies. 

He said if the regulations survived the coming political storm and included mechanisms to set even more ambitious targets as new technology became available, their impact could be far-reaching.

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