Word: kyoto
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Dates: during 2000-2009
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...doubt, history will not look well upon this administration, but there are still some positive steps this administration can take—be it the ratification of the Kyoto Protocol or the much-needed move to sever all ties with mercenary armies, starting with the expulsion of Blackwater U.S.A. (which at one point held a $1.2 billion contract with the U.S government and supplied up to 30000 private security guards in Iraq...
...says Nathaniel Keohane, director of economic policy and analysis for EDF, which has launched a series of TV ads in favor of the bill. It's by far the most serious attempt by the federal government to reduce America's greenhouse gas emissions, a decade after Congress rejected the Kyoto Protocol...
Nearly as unlikely as the Wii's world-beating success is that of the man behind it. A self-professed doodler from a rural town outside Kyoto, Miyamoto once dreamed of becoming a puppeteer, which may help explain the leisurely five years he spent earning his degree in industrial design. His dad got him in touch with reality in 1977 by calling a friend--who happened to head Nintendo--and landed Miyamoto his first job, as a staff artist for what was then a toymaker. In 1981, Miyamoto created an arcade game inspired by pairing the fictional ape King Kong...
...purely financial world, the business opportunity is in carbon trading, of which there are two forms. The first is the batch of global mechanisms set up under the Kyoto agreement and administered by the U.N., of which the Clean Development Mechanism (CDM) is the most important. If a country with a Kyoto target finds it too difficult or costly to reduce its CO2 emissions, it can instead buy "certified emission reductions" from developing countries (which have no such targets). "Certified" means the U.N. has to be satisfied that the reduction would not have occurred anyway and that...
...scale, since it requires a conventional power back-up for when the wind stops blowing, forests of wind turbines are rightly regarded in most countries as an environmental monstrosity. But the main reasons why this is a bubble are more fundamental. Emissions trading has a future only if the Kyoto agreement, which runs out in 2012, is succeeded by an even more far-reaching and rigorous global accord. It is now clear this is not going to happen. And in today's harsher economic climate, governments are more likely to look for ways to scale back subsidies for renewable energy...