It is becoming increasingly clear that the targets in the Kyoto Protocol cannot and will not be met on the established timetable in the United States and elsewhere.

I don't mean to imply that we are in imminent danger of being wiped off the face of the earth - at least, not on account of global warming. But climate change does confront us with profound new realities. We face these new realities as a nation, as members of the world community, as consumers, as producers, and as investors. And unless we do a better job of adjusting to these new realities, we will pay a heavy price. We may not suffer the fate of the dinosaurs. But there will be a toll on our environment and on our economy, and the toll will rise higher with each new generation.

Every generation faces a challenge. In the 1930s, it was the creation of Social Security. In the 1960s, it was putting a man on the moon. In the 1980s, it was ending the Cold War. Our generation's challenge will be addressing global climate change while sustaining a growing global economy

How we [Americans] move [on climate] will determine the international direction. To lead, we must act.

Binding emissions targets for the developing nations are out of the question.

Losing more of our existing nuclear fleet will make it that much tougher to meet our carbon reduction goals. We need to keep ramping up renewables, but they can't meet our need for reliable power 24/7. Nuclear is a baseload source and it's carbon-free - two things we need.

It is becoming increasingly clear that the targets in the Kyoto Protocol cannot and will not be met on the established timetable in the United States and elsewhere.