Word: carbonations
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...time for the E.U. and the Kyoto systems to recognize the need for repeal of their restrictive rules. It is also time for the U.S. Congress to adopt legislation for a broadly based national carbon-trading market with a minimum of regulatory and political interference. The time for breast-beating and fantasizing is over; it is time to allow the private sector and the financial markets to get on with the job of dealing with climate change...
...Malaysia, and to the rail terminal, where trains will help transport 100 million gallons (380 million L) of biodiesel a year to Imperium's customers. Watts is happy to see his refinery jump-start the economy of Grays Harbor, but he knows the benefits of Imperium's green, low-carbon fuel will be felt well beyond the town. "It just makes you feel good to work on something that's helping the planet," he says. "That matters...
...money on solar or biofuels." But defenders point out that the burgeoning energy needs of China and India mean that oil prices are unlikely to fall to previous levels, while the political push to put a higher price on fossil fuels through emissions caps or a carbon tax will make renewables a neccesity. "It's either a very important hedge against the future, or it could become the future," says Peter Bance, CEO of Ceres Power, a London-based fuel-cell company...
...required to compete in the energy market makes government support all the more important. Many of the world's top solar and wind companies - like Germany's Q-Cells and Spain's Iberdrola - are based in the E.U., and with the region set to enact even stricter caps on carbon emissions, this head start is unlikely to disappear soon. "Europe is the clear leader in clean tech, from a market side, but also the technology side," says Felix von Schubert, a partner at London-based investment firm Zouk Ventures...
...that money is being channeled into meeting China's ravenous energy needs - especially solar, which already has a homegrown success story in billionaire Shi Zhengrong, founder of Suntech Power. Water conservation and filtering is a growing field, too - a reminder that clean tech is about more than just carbon emissions. Another difference is the faster payoff for green investment in China, driven by lower fixed costs and intensifying demand for clean energy. "All clean ventures in China are nearly immediately profitable," says Roman Shaw, founding partner of Shanghai-based venture-capital fund DT Capital. "That rarely happens...