"Under the leadership of President Bush, the United States has formulated and is now implementing a comprehensive strategy to address this challenge. It is science- and market-based; and encourages innovation, scientific and technology breakthroughs, and global participation. It focuses on reducing emissions, while sustaining economic growth. Growth and the capital it will create are needed to finance investment in cleaner, more efficient technologies. The longer-term elements of this strategy build on America's strengths in innovation and technology development. They are augmented by near-term policy measures, financial incentives, voluntary and other Federal programs aimed at slowing the growth of U.S. GHG emissions and reducing GHG intensity. Federal programs include the Climate VISION, non-CO2 GHGs -- if successful, could eventually facilitate accelerated progress toward addressing the long-term challenge of climate change, while also continuing the energy-related and other services needed to sustain economic growth. The United States is committed to leading the development of these new technologies. A detailed strategic plan is currently under development and will be organized around six complementary strategic goals reflecting these opportunities. The first five are focused on developing technologies to: (i) reduce emissions from energy enduse and infrastructure; (ii) reduce emissions from energy supply, particularly by development and commercialization of no- or low-emission technologies; (iii) capture, store and sequester CO2; (iv) reduce emissions of non-CO2 GHGs; and (v) enhance the measurement and monitoring of GHG emissions. Supporting all of the above is the sixth goal to (vi) strengthen the contributions of basic science to climate change technology development."
Climate Change Technology Program: http://www.climatetechnology.gov/