Climate VISION (Voluntary Innovative Sector Initiatives: Opportunities Now)

In February 2002, President Bush committed the United States to a comprehensive strategy to reduce the greenhouse gas intensity of the American economy by 18% from 2002 to 2012. Meeting this commitment would prevent more than 500 million metric tons of carbon-equivalent emissions through 2012. In setting this goal, the president challenged industry to undertake voluntary actions to reduce greenhouse gas intensity. The program assists industry efforts to accelerate the transition to practices, improved processes, and energy technologies that are cost-effective, cleaner, more efficient, and more capable of reducing, capturing, or sequestering GHGs. In February 2003, President Bush announced that trade associations representing 12 major industrial sectors and The Business Roundtable have committed to work with cabinet agencies (DOE, EPA, DOT, and USDA) to reduce greenhouse gas intensity in the next decade. Participating industry sectors include: Americas electric utilities; petroleum refiners and natural gas producers; automobile, iron and steel, chemical and magnesium manufacturers; forest and paper producers; railroads; and the cement, mining, aluminum and semiconductor industries. Working with these trade associations and other groups, the program assists industry efforts to accelerate the transition to practices, improved processes, and energy technologies that are cost-effective, cleaner, more efficient, and more capable of reducing, capturing, or sequestering GHGs. Climate VISION links these objectives with technology development, commercialisation, and commercial utilisation activities supported by the private sector and the government.

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