President Obama's Weekly Address 11/16/13: Taking Control of America’s Energy Future

WASHINGTON, DC—In his weekly address, President Obama discussed progress in American energy and highlighted that we are now producing more oil at home than we buy from other countries for the first time in nearly two decades. We reached this milestone in part not only because we’re producing more energy, but because we’re wasting less energy, and as a result, we are also reducing our carbon emissions while growing the economy.

President Obama's Weekly Address 6/29/13: Confronting the Growing Threat of Climate Change

WASHINGTON, DC—In this week’s address, President Obama told the American people about a plan he unveiled a few days ago that confronts the growing threat of climate change, which will cut carbon pollution, protect our country from the impacts of climate change, and lead the world in a coordinated assault on a changing climate. The President’s plan recognizes that there is no contradiction between a sound environment and a strong economy, and he calls on all Americans to speak up about climate change in their communities and remind their elected officials that we must take action to protect our future generations from the ravages of climate change now.

States In Northeast Cap And Trade Program Reduce CO2 20% Faster And Grow GDP At Twice The Rate of Other States

Just in time for Earth Day, Think Progress posted an article on Friday that gives credence Cap and Trade. Not only does the capping of carbon emissions and trading the credits work to reduce carbon polution, it has created $1.6 billion in real economic value and has not driven up electrical rates paid by consumers here in the Northeast.
Cap and Trade has also stimulated the investments in efficiency and renewable energy, which has lead to $1.1 billion savings for ratepayers.

Northeastern states participating in America’s first carbon cap and trade program have outperformed the rest of the country in GDP growth and reduction in global warming pollution.

That’s according to a new report from Environment New Jersey, which examined emissions data and economic growth indicators from 2000 to 2009.

The Regional Greenhouse Gas Initiative (RGGI) is a nine-state cap-and-trade market designed to reduce emissions in the utility sector 10% by 2018. A recent independent analysis showed that the program has already created $1.6 billion in economic value and set the stage for $1.1 billion in ratepayer savings through investments in efficiency and renewable energy. 

This latest report shows that states under the RGGI program saw a 20% greater reduction in per-capita carbon emissions than non-RGGI states — all while growing per-capita GDP at double the rate of the rest of the country....

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