Long Shot?

" Less than a month away from the United Nations climate change conference in Copenhagen Denmark. The goal of the meeting is to get international agreement on a plan to fight global warming. The White House correspondent Wendell Goler reports without key support here in the US. That seems like a longshot."

" After talks in Tokyo President Obama and Japan's prime minister reaffirmed their commitment to a successful climate change conference in Copenhagen next month."

" This is an important priority for us I know it's an important priority. For the people of Japan."

" But there are huge differences between business and environmental groups on what an agreement might cost and what the benefits might be. The house passed energy bill promising a 20% cut in greenhouse gas emissions is considered modest in Europe but the US chamber of commerce says it would be a disaster."

" That means we have to shut down half our coal fleet here and replace it with a 130 nuclear plants. We have built a new nuclear plants in thirty years a nuclear plant costs about seven half billion dollars."

" The Center for American Progress says there will be jobs building the nuclear plants as well as building and operating renewable energy sources."

" If -- sort of -- gonna move the world. Towards a fundamentally. New suite. Of mechanisms for creating energy that's you need people to do that and that that's how you -- could create jobs."

" Both sides concede energy will likely become more expensive but while environmentalists -- the cost of the 1990 clean air act turned out to be a fraction of what was expected. The business community says implementing it was easier to do."

" We have the technology is available to do it and so we use them we eke out efficiencies and -- cost came down. Today we don't have the technologies that we need to achieve these ambitious reductions."

" And -- climate change agreement is likely to have different restrictions for the developed and developing world. Harvard worries it will push business the countries where interviews cheaper and labor already cost less. -- says not at the US quickly takes the lead in developing green energy technology and that ought to be a main goal of the stimulus package."

" When you open a system in place which is gonna spur new innovation. Which is gonna reward smart investment in which is gonna make alternative energy sources competitive with the traditionally subsidized fossil fuel sources that are."

" Surprisingly -- harbored like believe you can control greenhouse gases. And grow the economy in both feel the US must lead that effort to -- the developing world by example but. Neither believes will figure out how to do that and get the rest of the world to sign on by next month. Bret I want."