Bush Sets Goals for Emissions Regulations

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President Bush announced Wednesday his plan to stop the growth of the nation's greenhouse gas emissions by 2025.

He called for putting the brakes on greenhouse gas emissions from electric power plants within 10 to 15 years.

Bush also laid out principles he thinks Congress should follow in crafting global warming legislation, but he said there's a right way and a wrong way to go about it.

"The wrong way is to raise taxes, duplicate mandates, or demand sudden and drastic emissions cuts that have no chance of being realized and every chance of hurting our economy," the president said. "The right way is to set realistic goals for reducing emissions consistent with advances in technology, while increasing our energy security and ensuring our economy can continue to prosper and grow."

The president also said that his strategy shows faith in the ingenuity of the American people, and that is one resource that will never run out.

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