Word: deals
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...with the election of President Barack Obama, who has made climate change one of his priorities, there was hope that the path could be cleared to a more equitable and effective global-warming deal. The timing is right - Kyoto expires in 2012, which means that a replacement treaty needs to be in place soon. (Read a Q&A with Yvo de Boer, the "Flying Dutchman" of climate change...
With little more than three months till the U.N. summit, however, things are in doubt. To be sure, the Obama Administration is pushing for a global-warming deal, and a cap-and-trade bill that was passed by the House and is now up for debate in the Senate would finally commit the U.S. to real carbon reductions. But under the new law - if it passes - U.S. emissions would fall only 13% from 1990 levels by 2020. The European Union, meanwhile, has pledged to make cuts of 20% from 1990 levels by 2020, meaning there is still considerable daylight between...
...while China is getting richer all the time, it's still a developing country. Both China and India are likely to resist calls to make any sharp reductions to their emissions anytime soon, even as they - and other developing nations - ask for billions in assistance from rich nations to deal with the climate change they're helping to drive. That's a formula for deadlock - which is exactly how the most recent round of negotiations ended, at a meeting in Bonn in mid-August, with a 200-page document that included more than 2,000 points of disagreement...
...marketing, passes by photos of Chinese state leaders before he reaches a display that contains the heart of the Coda: a gray box of power cells that makes up the car's lithium-ion battery. Lishen manufactures the $12,000 battery as part of its pioneering joint-venture deal to build and sell an electric car in the U.S. and, eventually, China. The idea is simple - Lishen, one of the biggest battery manufacturers in the world, provides hardware manufacturing at a reduced cost, while its American partner provides the sales smarts and high-tech expertise. "It's a product...
...France live in poverty, youth unemployment is above 25%, and the number of people who can't keep up with the price of rent and food continues to rise. We're caught in the middle of all that, so we had to find a more efficient way to deal with it than the usual method of marching with sad faces in the rain." (See: "Global Business Tips: France...