Bush: "Read My Lips! No New Caps!"

Tue, 2007-10-16 06:23Ross Gelbspan
Ross Gelbspan's picture

Bush: "Read My Lips! No New Caps!"

President George W. Bush said on Monday his administration's approach of emphasizing voluntary approaches to address climate change was working and he denounced Kyoto-style mandatory caps as “bad policy.”

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The U.S. Department of the Interior this week announced new fracking regulations that will serve as the only federal rules enforcing any kind of safety measures on the controversial drilling technique when they go into effect in a few months.

The rules only apply to oil and gas wells on public lands, however, and most fracking is done on private or state-...

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