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Season 2009 Episode 1123

Climate Change Debate: Will Green Put us in the Red?

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Climate Change Debate: Will Green Put us in the Red?
AIRED:
President Obama wants America to save the world from itself by capping carbon emissions and imposing ?greener? demands on carmakers and utilities. As the richest country in the world?and the earth?s biggest producer of greenhouse gases?the U.S. must lead the way, supporters say. But this green crusade has sparked a rising cry of outrage and opposition. Doubters warn of draconian measures that would slap a huge carbon tax on our own economy and hurt U.S. competitiveness. Furthermore, while Obama?s goal to reduce carbon emissions by 80% over the next 40 years is admirable, how are we going to wean ourselves off fossil fuels in just four decades? China and India, meanwhile, balk at Obama?s big push and may simply keep growing and polluting, unrestrained by any restrictions. One looming dilemma: Is ?climate change??which activists had called ?global warming? until that trend abated in recent years?a threat imminent enough to require drastic measures now, when the world?s still-ailing economies can least afford it? We chose this topic leading up to December?s Copenhagen Climate Conference, intending to highlight some of the issues that will be addressed there, here in New York. We hope to raise awareness and ignite a lively conversation. This is an important issue and we bring both sides together to foster dialogue.moreless
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