A U.S. Republican governor has criticized a climate bill backed by Democrats and President Barack Obama, calling it wasteful and inefficient.

In the Republicans' weekly radio and Internet address Saturday, Governor Mitch Daniels of the mid-western U.S. state of Indiana said a proposal to cut greenhouse gas emissions 17 percent by 2020 will put added costs on businesses.

Republican Address: Climate Change Bill 'Unwise'

Daniels said the requirement would cost his state jobs, many of which he says would go to China and India.

Republican Address: Climate Change Bill 'Unwise'

Democrats who support the bill make the opposite case - saying the proposal will create millions of jobs in new energy technology fields.

Republican Address: Climate Change Bill 'Unwise'

But Daniels said Saturday the proposal has "no chance of achieving its objective of a cooler earth," arguing instead for further development of wind and a cleaner way to use coal.

The bill, which was approved by the House Energy and Commerce Committee last week, calls for a system that would allow businesses to buy permits to emit greenhouse gasses from other firms that use less energy.

The 33-25 vote split largely along party lines, with Democrats for and Republicans against.