Word: co2
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Dates: during 2000-2009
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...worst auto market since World War II," says Julie Becker of the Alliance For Automobile Manufacturers, representing both foreign and domestic nameplates. Adds Eric Fedewa, vice president at CSM Worldwide, a forecasting firm based in Northville, Mi.: "Our analysis suggests that allowing California and other states to regulate CO2 emissions, and thus fuel economy, will further damage companies that are struggling, like GM, Ford and Chrysler, and much of their supply base, and potentially destabilize relatively healthy companies like Toyota and Nissan." Asian and European carmakers typically enjoy better fuel economy than the Big Three, but they fear the California...
...trade" initiative, which is designed to curb both the use of energy and greenhouse-gas emissions across the entire economy. For carmakers, such legislation would be mostly neutral because they earn credit for making electric vehicles and could spend it on cars that emit too much CO2. GM now notes that one-third of the Cadillac Escalades it sell are hybrids, so it would have plenty of currency. Of course, at this point Detroit is hoping for anything that doesn't have California's fingerprints all over...
...prospects of effective legislation to come out of Copenhagen. Yet clean energy figured prominently in Obama’s stimulus package, renewing hope among many that American initiative on global warming might galvanize the world’s other largest polluters to act decisively to cut down on CO2 emissions. As the industrial power of the 21st century, China recognizes that segueing into more environmentally sustainable growth is not only crucial to its internal development but also has great potential of becoming a major export market...
...This is why it is so important not to delay projects like DESERTEC and the Sahara Forest Project. Such projects have the capacity to provide the power, fresh water and food essential to allow developing economies to move from subsistence living. That they help Europe with green power, absorb CO2 by "greening" deserts and mitigate rising sea levels, is a bonus not to be ignored. They also generate jobs both in the recipient countries and in the developed countries who will build most of the heavy and sophisticated equipment. Sounds like a win-win situation. John R Errey, GARMISCH-PARTENKIRCHEN...
Within Denmark, critics worry that the current government is squandering energy leadership. When Rasmussen's conservatives took power in 2001, they scaled back subsidies for wind and other renewables. New wind installations dropped precipitously, and between 2004 and 2006 CO2 emissions increased by 3%. "They stopped everything," says Auken. One high-ranking official admits the pullback was a mistake, and last year the government released a new policy that sets sharp targets for improving energy efficiency, increases the CO2 tax and promotes the development of new offshore wind turbines. Nonetheless, the Finnish consultancy Poyry argued in a recent report that...