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...beneficiary of a growing environmental subindustry known as "carbon offsetting." Typically, one of this new breed of companies first calculates the amount of greenhouse gases an individual or business generates by flying, driving or heating and lighting a home or office. Customers then voluntarily pay that firm to invest in projects that will cut carbon emissions by an equal amount. (Energy-hungry Americans generate about 20 tons of CO2 per capita per year; Britons, about half that). So for anything between $4 and $40 to offset the equivalent of one ton of CO2, a consumer in, say, Germany might help...
...Scientists estimate that, depending on the soil and climate, a hectare of 1,000 trees can process between five and 10 tons of CO2 each year. But the longer the time span, the harder the absorption is to predict. Some companies, such as London's Carbon Clear, say they invest not just in planting trees, but also in ensuring they thrive. But others may not be so diligent and disease, fire and logging can all shorten a tree's life. "You can never be sure the atmosphere sees the benefit," says Dietrich Brockhagen, managing director of atmosfair, a Berlin-based...
Later that month, Manav K. Bhatnagar ’06 and Benjamin B. Collins ’06, both Eliot House juniors at the time, launched an online petition calling on Harvard to pledge that it would not invest in stocks tied to Sudan...
...issues. "I'd say 90% of the business community wants more action on the environment than the Bush Administration does," says Esty. So while the Federal Government dragged its feet on alternative energy, business moved into the vacuum, lured primarily by potential profits. In 2005 Goldman Sachs pledged to invest $1 billion in renewable energy, while Cleantech Venture Network estimates that $10 billion in venture capital will be directed to green technology from 2005 to 2009. Under CEO Jeff Immelt's Ecomagination initiative, GE has committed to spending $1.5 billion a year on renewable energy and other green research...
...best solution, says Chan, is the construction of more pathways. China's Internet population alone increased by 30% last year; at current growth rates, China is projected to reach maximum capacity on its current networks by 2008. More cable networks are in the works. One consortium plans to invest $500 million to lay the first transpacific cable directly linking China and the U.S., while another is planning a link between Southeast Asia and the U.S., bypassing Taiwan. Technology is also being developed for "smart" networks that could automatically allocate bandwidth where needed, making disaster recovery faster-but all operators would...