U.S. to be a leader in combating climate change

President-elect Obama delivered a surprise speech today to the Governors' Global Climate Change Summit in California. This 2-day meeting arranged by Governator Schwarzenegger boasts over 600 delegates from more than 12 countries. In his speech, Obama emphasized the urgency of combating climate change and promised a "new chapter in American leadership on climate change." He pledged that the U.S. will participate in a global cap and trade system to reduce emissions to 1990 emission levels by 2020 and by an additional 80% by 2050. He also said he'd spend $15 billion per year to catalyze a clean energy private sector and create the so-called "green collar jobs" we've been hearing so much about during the election season. You can view the video below or from the change.gov website.

You can read more from the New York Times, MSNBC, or Yahoo!.


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