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...project will address the valley's rapid growth and repay some of the environment-related capital expenses Rio Tinto has incurred during its 12-year ownership--a $2 billion total that includes a new, cleaner, $1 billion smelter. Bingham Canyon will wind down in the next 15 years, sticking Rio Tinto with further cleanup bills. The company's half-year returns show that K.U.C. constitutes 15% to 20% of its asset base but generated just 3% to 4% of its $841 million profit. Over the next 20 to 25 years, K.U.C.'s Sunrise could bring Rio Tinto the current equivalent...

Author: /time Magazine | Title: Earth Inc.: Taking a Shine to Real Estate | 9/17/2001 | See Source »

...whole damn thing: With even GOPers like Boehlert charging that the bill remains top-heavy with aid to the oil and gas industry, the Senate seems certain to try to turn the entire thing on its head: Less production, more conservation, more stimulation of cleaner alternative fuels...

Author: /time Magazine | Title: Will the Senate Unplug Bush's Energy Plan? | 8/2/2001 | See Source »

...Talk about a dream political opportunity - Big Energy actually waiting to be taken on by the president they gave all that campaign cash to. Most of these companies saw the need for a cleaner and more diverse energy landscape a long time ago (or at least the need to respond to future governments? wishes for same) and have invested accordingly. Bush, meanwhile, has been blithely mentioning since Bonn a son-of-Kyoto type initiative that will demonstrate his Administration?s commitment to fighting global warming. Something aimed right at Big Energy could be Bush?s solution...

Author: /time Magazine | Title: Bush vs. Big Business? You Never Know | 8/1/2001 | See Source »

...Greenhouse damage" per extra ton of carbon we add to the sky. (The figure, from economist David Pearce, is not the cost to clean the air, nor the benefit of cars, nor the toll of rising seas. It's just how much people say they'd pay for cleaner air when asked in surveys, divided by tons of carbon...

Author: /time Magazine | Title: Numbers: Jul. 16, 2001 | 7/16/2001 | See Source »

...solved overnight. It is the long-term effect that matters. So Bush should propose a graduated set of emissions goals that stretch further into the future and cumulatively address the problem. That would allow time for new technology to deliver efficiency gains, for developing countries to incorporate cleaner growth into their plans and for political leaders to see that if markets are allowed to function, people and businesses will respond to incentives in ways the politicians can't quite imagine today...

Author: /time Magazine | Title: Searching for the Son of Kyoto | 6/25/2001 | See Source »

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