Word: caps
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Dates: during 2000-2009
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Given how limited the impact of the Kyoto Protocol has been, the effects of that error have been modest so far. But if the U.S. adopts a cap-and-trade system with the same mistake, or if the world agrees to a truly global successor to Kyoto, the blowback could be enormous. As long as biofuels are incorrectly treated as 100% carbon neutral, they'll represent an economical way for companies to offset their greenhouse-gas emissions and comply with a tightening carbon cap. One study estimates that if the world were to meet a 50% "cut" in global greenhouse...
...greenhouse gases should get credit for those cuts. But politics will be another matter - the biofuel industry already has a lot of weight, especially in the U.S., where environmentalists need the votes of rural and Midwestern representatives in Congress if they are to have any hope of passing a cap-and-trade bill. Challenging the biofuel loophole could effectively scuttle cap-and-trade...
...that may well be a boon. If cap-and-trade were passed with the existing biofuel loophole, it could set up a system that would incentivize the expansion of bioenergy at the expense of the environment and carbon cutting. Certainly the error could be fixed later, after the bill is passed - but by that time the financial interests in favor of biofuels would be even stronger, and would surely resist changes. "If this isn't fixed, you could give companies a very powerful financial incentive to go clear land," says Searchinger, who has briefed members of Congress on his research...
...Riot on an Empty Street”—as well as a remix compilation featuring high-profile guest artists like Four Tet and Ladytron, the two friends parted ways for a few years to pursue other priorities. Øye packed his bottle-cap glasses and scruff aesthetic off to Berlin, where he turn-tabled, released a successful solo album, reworked old favorites into catchy dance tunes for Studio !K7’s DJ Kicks series, and recorded ’80s-influenced electro-pop with side project Whitest Boy Alive. Meanwhile, the more introverted...
...need for 24 new gas-fired power plants. On the supply side, the state has required utilities to provide one-fifth of their power from renewables by 2010, which will jump to one-third by 2020. And California's soup-to-nuts effort to slash emissions - including a cap-and-trade regimen in 2012 - is the blueprint for federal climate legislation. (Download a PDF on California's industries, labs and technologies...