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...play, are beginning to confront the climate conundrum the best way they know how--as a business opportunity. John Browne, CEO of BP Amoco, and Mark Moody-Stuart, chairman of Royal Dutch/Shell Group, have both responded to the global-warming threat and set up internal systems that exceed goals put forth in Kyoto. Shell and BP have vowed to cut their greenhouse-gas emissions 10% each--nearly twice the Kyoto target--Shell by 2002, BP by 2010. "This isn't an act of altruism," says Aidan Murphy of Shell. "It's a fundamental strategic issue for our business...
There are a few ways of doing that: invest in renewable energy sources and "cap and trade" emissions. That is, set ceilings for worldwide greenhouse-gas emission and let nations either sell emission credits if they emit below their allowance or buy credits if they exceed permitted levels. The theory is that the pursuit of greenbacks will fuel greener business. "Whenever you turn a pollution cut into a financial asset," says Joseph Goffman, an attorney at Environmental Defense, "people go out and make lots of pollution cuts...
...cornered the market for man-against-machine concept albums, Canadian alt-rockers Our Lady Peace (OLP) are hoping to capitalize on the current fascination with odd futuristic visions with their fourth album, Spiritual Machines. The band credits Ray Kurzweil's book, The Age of Spiritual Machines: When Computers Exceed Human Intelligence, with providing both the album's title and its inspiration. Kurzweil, known for his work in advanced speech recognition, is convinced that the line between human society and technology is becoming increasingly blurred and that computers will eventually become our companions and teachers. Weighty stuff for a band whose...
...warning bell sounded last year when the giant BMG Classics began to offload several of its most famous artists, including the percussionist Evelyn Glennie. There was speculation that when company sales failed to justify inflated costs of pop-star-like promotions, which can exceed $500,000, the management cried, "Re-structure." BMG declines to comment...
...There was some discussion about the ever-expanding number of award categories, which now exceed 100. It can't be too long before we have Best Contemporary Alternative Albanian Folk-Rap Vocal Performance by a Duo or Group (Not in the English Language.) Which should at least give an opportunity for Tirana rap duo Moxo & Oxo to win an award...