    [Public Papers of the Presidents of the United States: George W. Bush (2007, Book II)]
    [November 28, 2007]
    [Pages 1502-1503]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on the Energy Information Administration's Report
    November 28, 2007

        I was pleased to receive the Energy Information Administration's
    final report today, which includes U.S. greenhouse gas emissions for
    2006. The final report shows that emissions declined 1.5 percent from
    the 2005 level, while our economy grew 2.9 percent. That means
    greenhouse gas intensity--how much we emit per unit of economic
    activity--decreased by 4.2 percent, the largest annual improvement
    since1985. This puts us well ahead of the goal I set in 2002 to reduce
    greenhouse gas intensity by 18 percent by 2012.
        My administration's climate change policy is science based,
    encourages research breakthroughs that lead to technology development,
    encourages global participation, and pursues actions that will help
    ensure continued economic growth and prosperity for our citizens and for
    people throughout

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    the world. Since 2001, we have spent almost $37 billion on climate
    science, technology development, and incentives and international
    assistance.
        Recently, we convened representatives of the world's major
    economies--the largest users of energy and largest producers of
    greenhouse gas emissions from both developed and developing nations--to
    discuss a new international approach on energy security and climate
    change. Our aim is to agree on a detailed contribution for a new global
    framework in 2008 that would contribute to a global agreement under the
    United Nations Framework Convention on Climate Change by 2009. The
    United States looks forward to working with partners to reach consensus
    on a Bali roadmap at the upcoming U.N. meeting on climate change in
    Indonesia in December.
        Energy security and climate change are two of the important
    challenges of our time. The United States takes these challenges
    seriously, and we are effectively confronting climate change through
    regulations, public-private partnerships, incentives, and strong
    investment in new technologies. Our guiding principle is clear: We must
    lead the world to produce fewer greenhouse gas emissions, and we must do
    it in a way that does not undermine economic growth or prevent nations
    from delivering greater prosperity for their people.