Will Bush Act On Global Warming?

In tonight's State of the Union address, will President Bush address global warming? The CEOs of 10 major corporations have signed a joint statement calling for mandatory caps on greenhouse gas emissions.

The 10 companies: Alcoa, BP America, Caterpillar, DuPont, Duke Energy, Florida Power & Light, General Electric, Lehman Brothers, PNM Resources, Pacific Gas & Electric.

Major oil companies are routinely placing one and two-page ads in business magazines like Fortune, talking about the need for conservation and alternative fuel development.

And yet in Texas, there's a move afoot to build 11 old-tech (19th century) coal-fired power plants, according to the latest issue of Rolling Stone (not online). This week, Jeff Bingaman and Barbara Boxer wrote an op-ed in the Dallas Morning News, putting firms considering actions like this on notice: "Utilities that rush new coal plants now won't get bigger emission breaks later."

Will he or won't he?

^{Watch for USP coverage of the SotU address after midnight, Pacific.}