Word: gas
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...enough Democratic votes to push a bill past its first legislative hurdle, the House Energy and Commerce Committee, as early as next week. But the patchwork of concessions necessary to win over champions of industrial and regional interests weakened the initiative, leaving it far short of the global warming gas reductions that scientists insist are necessary to stave off catastrophic climate change...
...biggest concession to all industrial burners of fossil fuels raised the national cap on greenhouse gas emissions from the original proposal of 5.7 billion metric tons (BMT) by 2020 to 5.9 BMT. The difference may seem nominal until you consider what the elite scientific body, the International Panel on Climate Change, urges for the same timeline - a cap of at least 1.3 BMT lower. Only then will there be 50% chance of avoiding a major warming...
Diminishing supplies of oil and natural gas will push countries into violent competition, the Kremlin predicted in a long-awaited national security strategy paper released this week. The document foresees these struggles playing out in the Arctic as well as the Middle East, the Barents Sea, the Caspian Sea and Central Asia - and states that Russia is prepared to fight for its share of the world's resources...
Cutting a real breakfast is like saving on a clothing budget by buying shiny new sneaks but going shirtless, or cutting vehicular costs by filling up on premium gas while refusing to change the oil, or slimming down a office budget by cutting all paper while beefing up the highlighter order...
...near China's southern Hainan island may be an augur of what lies ahead. A new submarine base there gives Beijing a vital edge in the South China Sea, whose waters are contested by five other governments. The disputed Spratly and Paracel archipelagoes, which sit above reserves of natural gas, have been an ongoing bone of contention between China, Taiwan and Vietnam. Further afield, China and India, Asia's other rising giant, are locked in a protracted contest of influence over the Indian Ocean, with China setting up a "string of pearls" - or listening posts - from Burma to Pakistan...