Word: islands
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Dates: during 2000-2009
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...safe to start reinvesting a small portion back in stocks again, or are we better off investing in real estate? -Justine Sherburne, Rhode Island I think that real estate is a once-in-a-lifetime opportunity, because there are no competitive buyers. Mortgage rates are the lowest in my life. Affordability is the best in my life. Clearly, real estate is much better than stocks right...
This spring, Taiwan became the first in Asia to start a bike-sharing program in its two major cities, Taipei and Kaohsiung. Looking to spin the lush island's yin for cycling into a way to reduce pollution, the Taiwanese government launched the service hoping commuters will ditch their cars and start using the thousands of rental bikes it has stationed around the two urban centers to get to work. "Cycling is a great way to unwind after work," says Horace Lee, a corporate planning associate at the Taipei Stock Exchange. "I cycle around the neighborhood just for fun before...
...green bikes project is one of several green initiatives that Taipei has started in recent years in an effort to reign in the island's enduring emissions problem. Kaohsiung, an industrial port city with some of the worst air in Asia, unveiled its program on March 1 with an initial trial of 4500 bikes at 20 different stations. The government ultimately hopes to install 120 stations around the city. In crowded Taipei, notorious for its streets clogged with aggressive drivers, bike rentals have been limited to its newest - and safest - business district, Hsinyi, where 500 bikes were stationed during...
...Though one of the more environmentally pro-active places in Asia - Taipei has reduced air pollutants over 30% in the last decade - the island still has a long way to go. Taiwan's per capita carbon dioxide emissions are three times the global average, and they're growing faster than any country in the world. President Ma Ying-jeou set an ambitious goal to decrease emissions to half of 2000 levels by 2050, but critics say his goal of maintaining 2008 levels is a bit flimsy, and programs like bike sharing are more style than substance. "In Taiwan, the economy...
...attempt to turn Taiwan into a "Cycling Paradise" has also proven to be a popular gimmick. How much staying power bike riding and walking to work and school will have in the long-term if the island's pollution continues to get worse remains to be seen. That may be the problem that Ma will need put some real muscle into...