Word: carbonic
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Dates: during 2000-2009
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...implications of this, combined with desertification, species extinction and accelerated climate change from the release of carbon stored in forests, are all too clear. Unfortunately, the E.U. and the Kyoto CO2 trading systems effectively exclude forest carbon offsets because regulators and politicians became captives of the anticapitalist NGO community and their own native suspicion of free markets. This is both perverse, as it makes it harder and more expensive to mitigate climate change, and immoral - because it denies the resources required by the poorest to adapt...
...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...