Word: carbonization
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...Depression. Plenty of economists think the worst is now behind us, but firms are still plagued by uncertainty about how fast the economy will recover. Nor can they plan responsibly without knowing the bottom-line costs of the massive new initiatives out of Washington on health care reform and carbon-emission regulation. Even companies that are financially fit often don't feel like taking the risk of ramping up operations and hiring more workers. There's been political pressure on banks to lend, but the problem for some bankers, like Frost Bank CEO Dick Evans, is that many businesses...
...would help if it also retooled itself for an age of scarcity. No one wants to watch a race for the fastest Prius, but "people want to see some progress on fuel efficiency and carbon emissions," says McLaren's Whitmarsh, who also heads the recently formed Formula One Teams Association (FOTA), which represents what insiders hope will be a new spirit of harmony in a sport traditionally run by tough guys behaving badly. "There's much work to be done so that F1 is seen as relevant to society." (See a brief history of Formula...
...firms stand to benefit from more federal funding of green technology - people like General Electric's Jeffrey Immelt and Caterpillar's James Owens, both of whom supported John McCain. Doerr took the lead on the group's energy subcommittee, drafting a 2009 memo that called for increasing fees on carbon pollution and changing rules to encourage electric utilities to move to a unified smart grid, which would benefit an industry in which he has significant investments...
...grid providers, and iControl, a company that makes Web-enabled home thermostats. Describing his investments as "missionary" work, Doerr stepped up his political advocacy for the energy savings they could generate. In 2006 he headed a lobbying push that led California lawmakers to adopt the first state limits on carbon emissions, presaging the current high-tech campaign for clean energy in Washington. "I have referred to prior energy policies as really the sum of all lobbyists," Doerr told TIME in February. "My lesson about policy is not to argue about your self-interest," he told a group of smart-grid...
...means trying to avoid catastrophic flooding. Atique Chowdhury, Give Your Vote's organizer in Dhaka, is a self-described climate refugee, a former resident of an island near the Bay of Bengal that has been almost completely abandoned because of rising sea levels. "As a major emitter of carbon dioxide, the U.K. must take the responsibility," he says. But developing nations still want a say on how that's done. (See pictures of British soldiers in Afghanistan...