Here's the New York Times report on the speech.Here's the Washington Post version. Both agree that Bush is playing to a whole new audience. With Karl Rove gone and no more elections to face, it appears this President Bush is playing to the history books. Perhaps some of those very same texts he pounded so hard on his way to near Phi Beta Kappa status as a Yalie. I get to be snide here because I have a son who did go to Yale as well. And my son really was Phi Beta Kappa. And his dad had no pull and was no help in his son getting admitted. But then Bush comes from that elite group that gets invited to things like MEMESCC.
Though Bush is now claiming climate change policy as part of his Presidential legacy, he makes it very clear that nobody is gonna tell his ranch country how to control greenhouse emissions or curtail global warming. Nothing mandatory. It's every nation for itself, and lots more money for study and research. Lots and lots more money. That, of course, is the temporary good news for green tech firms. Bush now pushes for international climate research fund. "Temporary" in the sense that green tech firms need to be looking to their elevation planning. Don't get too close to the edge of a continent as the seas rise, now that G.W. has given his political blessing to global warming as a fact, not a left-wing theory.
Real estate hint: don't buy any land less than 100 feet above sea level.
How did the Washington conference play? Not to resounding elation around the globe. Here's AP's version of what one attendee to MEMESCC: "One of the striking features of this meeting is how isolated this administration [Bush] has become. There is absolutely no suppport that I can see in the international community that we can drive this effort on the basis of voluntary efforts,' John Ashton, a special representative on climate change for the British foreign secretary, said in an interview."
In a parallel universe there was a different conference, up in New York City. It was Bill Clinton's Global Initiative gathering. They heard about how badly Africa is faring with climate change. No surprise there, as the poorer people or nations usually have the worst time of it, the fewest options along with the least control of their own destiny.