Word: carbonization
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Dates: during 2000-2009
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...major U.N. summit on climate change opened Monday in Copenhagen, but the big environmental news was made across the Atlantic in Washington. In an afternoon press conference, Environmental Protection Agency (EPA) Administrator Lisa Jackson announced that the agency had finalized its finding that greenhouse gases, including carbon dioxide, pose a threat to human health and welfare...
...planet's atmosphere is perfectly happy with the tradeoff, says Derwent of the IETA, "just as much as it would be happy with the reduction of CO2 over a long period by the adoption of wind power in the place of coal." What matters is the absolute reduction in carbon emissions, regardless of the source, he says. "That's what markets do, they find the cheapest, most cost-efficient way of producing whatever it is that's demanded," says Derwent. "That's a good thing, not a bad thing. That means that the atmosphere gets an emissions reduction...
...Toranagallu, the Jindal plant continues to expand as the company pursues carbon credits by generating power through the burning of waste gas created during steel manufacture. In a bid for more carbon dollars, a second power plant was built. "The carbon revenues were a major factor in taking up these projects," says Suresh Iyer, the chief coordinator of carbon trading at Jindal South West. If a project is reducing carbon, he says, "we do take the initiative and put up the plant because of that." The second plant, which Iyer estimates cost the company $50 million to build, was approved...
...carbon financial windfall has yet to trickle down to the villagers in Toranagallu, many of whom say life has gotten worse, not better, since the steel mill first arrived. What they don't know is that, like it or not, the global battle against climate change is being fought in their backyard...
Harvard has recently undertaken several measures to reduce its carbon footprint. A 500-kilowatt photovoltaic solar array—approximately 2 1/2 football fields long—is in development for the rooftop of The Arsenal, the largest building at the Harvard-owned Watertown office complex. Harvey added that this project would not have gone forward without the $1.1 million grant from the state’s Commonwealth Solar rebate program...