And President Bush has nominated Goldman Sachs Chairman Henry Paulson to become Treasury Secretary replacing John Snow. The nomination took some by surprise because of Paulson’s views on the environment and global warming. In addition to his job at Goldman Sachs, Paulson served as chairman of the board of the Nature Conservancy — a group that strongly supported the Kyoto Protocol to reduce greenhouse gases. The group has maintained that the failure of the United States to enact Kyoto undermines the competitiveness of U.S. companies. Last month a group of free-market think tanks asked President Bush not to consider Paulson for the job because of his views on global warming.