Word: carbonations
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...Administration is expected to get corporations to focus on the cost of being poor ecological citizens by giving incentives to companies that create and distribute clean energy and penalizing those that do not change their poor environmental habits with cap-and-trade or carbon taxes...
...unique history at the hub of Indian Ocean sea routes - want to leave, and Nasheed knows the sovereign fund is a last resort. Efforts now aim at shaping the country into a climate-change laboratory. In mid-March, the government announced its intention to be the world's first carbon-neutral nation within 10 years. The archipelago's coral reefs can also provide an invaluable testing ground for scientists. "Coral is the bedrock of our nation," says Azeez, who works at a coral-research and -regeneration facility at the Banyan Tree resort. With enough investment, he reckons the country...
...initial House proposal triggered opposition by many of the biggest polluters, including electric utilities and industries that burn carbon-heavy coal. They would have to obtain permits for each ton of warming gases - chiefly carbon dioxide - limited by the cap. The bill didn't specify how the permits would be allocated or how much those permits might cost. Environmentalists wanted the government to auction them, with the proceeds used to lighten ratepayer utility bills inflated by the higher costs of running power plants and to subsidize energy efficiency measures. (See pictures of this fragile earth...
...devised a permit allocation system to line up committee support. To woo lawmakers from districts powered by coal-fired utilities in the Midwest and Southeast, the agreement would give away 35% of the permits to electric utilities until 2025 while they make a transition to cleaner fuels or develop carbon capture technology. Research for such technology would be subsidized by billions of dollars raised from government auctions...
...Though one of the more environmentally pro-active places in Asia - Taipei has reduced air pollutants over 30% in the last decade - the island still has a long way to go. Taiwan's per capita carbon dioxide emissions are three times the global average, and they're growing faster than any country in the world. President Ma Ying-jeou set an ambitious goal to decrease emissions to half of 2000 levels by 2050, but critics say his goal of maintaining 2008 levels is a bit flimsy, and programs like bike sharing are more style than substance. "In Taiwan, the economy...