Word: china
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Dates: during 2000-2009
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...Read "The Punk Republic of China...
...addressed in Copenhagen. One problem, critics say, is that the mechanism is subject to manipulation and creates undeserving winners. For example, the U.N. body in charge of managing carbon trading reportedly has suspended approvals that would have awarded credits for the construction of dozens of wind farms in China. Projects only qualify for credits if applicants can prove they could not be built without them. According to the Financial Times, the U.N. determined some 50 wind power projects were in fact viable without the credits because they qualified for Chinese government subsidies - but Beijing had deliberately lowered subsidies to make...
...Emissions Reductions (CERs) - each representing 1 ton of carbon - from developing countries -where carbon-reducing modifications to power plants, factories and other facilities would be less costly. This was meant to promote the dispersion of green technology to the developing world, and also give emerging economies like India and China a financial incentive to start cleaning up their dirty industries. In mid-2005 the global carbon market sprang to life and three years later had grown twelve-fold to $126 billion, according to the World Bank. "In terms of total investment it's been a remarkable success," says Henry Derwent...
While the Antarctic Treaty continues to prohibit any government or military from overseeing the entire continent, Japan, China, India, the U.S. and many other countries maintain research stations there, thus claiming those areas, though not considered legal territories. But since 1996, the continent has had an unofficial flag to represent itself - a white depiction of the landmass, surrounded by light blue to indicate its neutrality...
...heads of state are meeting Dec. 10, and France's Nicolas Sarkozy is pushing hard for a political commitment to toughen the organization's sanctions against Iran. The U.K. has been a strong supporter of further sanctions; Germany has been unwilling to move without full E.U. support. (Read "Why China Isn't Willing to Get Too Tough on Iran...