Word: caps
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Dates: during 2000-2009
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...somewhere between mastering the Perching Crane and Precocious Monkey, I realized that all I had earned for myself was a hernia and a totally new outlook on shit. I decided to drown my sorrows in that sweet elixir of forgetfulness: foam. As I entered Mather Lather, shower cap and lufa in hand, I caught a glimpse of her, a fleeting image that soon receded into the misty oblivion. I pursued her in vain, my hopes and dreams forming and bursting like so many iridescent bubbles dancing towards the ceiling. I found myself alone, where I had started...
...proposals suggest either a cap-and-trade method for reducing international carbon emissions or a government tax on carbon usage...
Still, the reports state that policy responses to global warming are often a tough sell because countries worry that a carbon cap or tax will put them at a disadvantage in the international marketplace...
...take advantage of the opportunity to reduce deforestation," says Duncan Marsh, TNC's director of international climate policy. "We have no choice." That's the promise of avoided deforestation, in which rich countries pay to keep rain forests standing and receive carbon credits in return. Currently, the international carbon cap-and-trade system organized by the Kyoto Protocol only recognizes industrial projects - such as a rich country paying to improve energy efficiency at a power plant - or programs to actively reforest land already cleared. It doesn't recognize avoided deforestation - also known by the acronym REDD, for Reduced Emissions from...
...Indonesia and Brazil, which were initially suspicious of exposing their sovereign forests to an international carbon market, to rethink REDD. Last month, representatives from a handful of Indonesian and Brazilian states signed a memorandum of understanding with several large U.S. states - including California, which has already adopted a carbon cap of its own - to explore avoided deforestation projects. The possibility of tapping into California's rich carbon markets has tropical nations salivating. "Until now, no one has said to [rain-forest nations] 'We'll give you a market for your credits,' " says Dorjee Sun, CEO of the avoided-deforestation group...