Word: carbonization
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...days, constantly reminding us to make sacrifices in the interest of the earth while forgoing few comforts themselves. Green activist and actor John Travolta likes to spend his free time toying around in one of his five private planes, including a commercial Boeing 707, racking up 800 tons of carbon emissions in the last year. California Governor Arnold Schwarzenegger has managed to promote his idea of an environmentally friendly lifestyle by creating a hydrogen-fueled Hummer—a car that gets a whopping 10-15 miles per gallon—while crisscrossing the country in his private jet. Last...
...These celebrities and politicians justify their unnecessary consumption by purchasing carbon credits, which many of the nouveau-conscious acquire in order to offset their excessive energy usage. Carbon credits were established by the Kyoto Protocol, which established limits on carbon emissions for most countries (incidentally the United States has still not signed this agreement even though it is the world’s largest emitter of greenhouse gases). Countries and companies who fall below their established limits are free to trade their credits in the global emissions market to other parties—including individuals—who have exceeded...
...competitors, since Wal-Mart ends up effectively setting wage rates in retailing. And to organic farmers, whose industry has been turbocharged by the company's decision to promote organic foods; and to refrigeration manufacturers, who must create greener equipment to meet this giant customer's desire to shrink its carbon footprint. And to the economy itself: the "Wal-Mart effect" of those $4 generics is being cited as one reason drug prices are falling after years of double-digit inflation, just as its entry into the supermarket trade moderated food inflation...
...overwhelming contribution to global warming and the constant political rhetoric that action is being taken, the U.S. has failed to independently reduce emissions by even the 6% from 1990 levels that the 1997 Kyoto Protocol would have asked of us. On the contrary, between just 1990 and 2004 our carbon dioxide emissions increased by 15.8%. Had we independently reduced greenhouse gas emissions, the Senate’s current refusal to ratify the new Kyoto treaty might be excusable. As it stands, however, we appear both hypocritical and uncooperative...
...very next question was about global warming. Obama laid out his rigorous cap-and-trade plan for reducing carbon emissions, but then he said, "One of the themes of this campaign is to tell voters what they need to hear, not just what they want to hear ... So I've got to tell you there will be a cost to this - and the utility companies will pass it along to consumers. You can expect a spike in electricity prices," although, he added, the new technology should ultimately bring those prices back down...