Word: kyoto
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Dates: during 2000-2009
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Usually I go out with my friends, doing karaoke. I hang out here in Kyoto because my hometown is totally dead. Everything closes by 12 a.m. and there's, like, nothing to do. I don't eat dinner at home, I just go out with friends instead. O.K., maybe like four times a week. If I don't have to work, I'll go out drinking. My parents know that I drink but they don't care - I don't have a curfew or anything...
...closely related to events that occurred that same autumn day, half a world away, at the Hague. Thousands of policymakers and scientists from all over the world had gathered, hoping to dot the i's, cross the zeds and umlaut the o's on the 1997 Kyoto Protocol to the U.N. Framework Convention on Climate Change. The protocol was devised to curb the industrial emission of six gases, CO2 among them, that are slowly--actually quickly in geological terms--turning the earth into a hothouse. But no final accord was reached...
...transaction is emblematic of industry on the verge of an environmental transition. Congress may have snubbed the Kyoto accord, and global bureaucrats may be stumbling over the details of a carbon-emissions trading system. But corporations, against the run of 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...
...theirs alone. A growing number of corporations, from IBM to your neighborhood Kinko's, are reducing their greenhouse footprints. DuPont is pledging to knock its emissions 65% below 1990 levels by 2010. "There's been a shift in the center of gravity in the U.S. corporate community since Kyoto," says Alden Meyer of the Union of Concerned Scientists. "Now the view is that climate change is serious and we ought to do something about...
...struggled to introduce a cap-and-trade system into the Kyoto Protocol, and achieved it by agreeing to a tough, many say impossible, target: bringing emissions 7% below 1990 levels from 2008 to 2012. The irony of the current situation is that the Europeans, reluctant to accept trading at first, have become its champion; Britain next month will become the first country to embark on a national trading system...