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Environment

FACTBOX: Bush offers principles for CO2 emission growth cuts

(Reuters) - U.S. President George W. Bush on Wednesday unveiled principles for arresting greenhouse gas emissions, months before he leaves office and ahead of a congressional debate on more ambitious goals.

Here are the highlights of Bush’s announcement:

- halt the growth of carbon-dioxide emissions by 2025.

- oppose raising taxes, abandoning nuclear power and coal reserves, or imposing trade barriers as ways to reach the goal.

- promote electricity production from coal that does not release carbon dioxide.

- urges overhaul and simplification of incentives to encourage broader commercialization and use of lower emission technologies.

- proposes eliminating trade limits with other countries on clean energy technologies, boosting energy security and more broadly ensuring the U.S. economy expands.

- prods lawmakers to resolve concerns about current laws being used to regulate climate change, including Endangered Species Act, Clean Air Act and National Environmental Policy Act.

Reporting by Jeremy Pelofsky in Washington

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