Word: gas
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Even the most uninformed student of climate change could tell you that the solution to global warming is to mitigate global greenhouse gas emissions, and fast. But the political difficulties of mitigation aside (the first major federal cap-and-trade legislation will be up soon in the Senate, and isn't expected to pass), the problem is that the sheer amount of greenhouse gases we've already pumped into the atmosphere has irreversibly bound us to a certain amount of warming over the next several decades - no matter what we do, we'll have to adapt...
...whether that support still runs shallow. On Monday the Senate will begin debating America's Climate Security Act, a bill that would finally attempt to make carbon-emission reduction a federal objective. Co-sponsored by Senators Joseph Lieberman and John Warner, the measure calls for reducing greenhouse gas emissions 18% below 2005 levels by 2020, and nearly 70% by 2050, using a cap-and-trade system that steadily reduces the amount of carbon that industry is allowed to emit on an annual basis. The bill has garnered solid support across the political spectrum - corporations like General Electric and environmental groups...
Today's accumulation of riches in the Gulf is the stuff of dreams. Soaring profits from oil and natural gas are driving the region's wealth into the stratosphere. Henry Azzam, who heads Deutsche Bank's Middle East operations from a sleek suite of offices in the Dubai International Financial Center, is relishing this historic windfall. "We're becoming the epicenter of the global economy," he marvels. But Azzam has his worries. He sees the recent fighting in Lebanon, for instance, as a proxy war between the U.S. and Iran that could lead to an American military strike on Iran...
Another key to sustaining the boom is to diversify the Gulf's economy so it's not so narrowly dependent on high energy prices. In the U.A.E., for example, as much as 40% of the country's GDP comes from the production of oil and natural gas. Of course, it's hard to find people these days who think the price of oil is set to plunge, but a deep recession in the developed world - led by the gas-guzzling U.S. - could lessen demand and drive the price down more sharply than many expect...
...part of a well-balanced meal. Insect lovers like Gordon argue that entomophagy--the scientific term for consuming insects--could also be a far greener way to get protein than eating chicken, cows or pigs. With the global livestock sector responsible for 18% of the world's greenhouse-gas emissions and grain prices reaching record highs, cheap, environmentally low-impact insects could be the food of the future--provided we can stomach them. "This is an idea that shouldn't just be ridiculed," says Paul Vantomme, an officer at the U.N.'s Food and Agriculture Organization, which recently held...