Word: metrication
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...greenhouse-gas emissions. Owned by Cantor, the global financial- services firm, and its Japanese junior partner Mitsui & Co., CO2e's goal is to help mitigate the effects of global warming by buying and selling carbon dioxide emissions allowances. Each allowance unit gives its holder the right to emit one metric...
...inquiry pops up on a CO2e computer screen from a potential customer in India. Nicola Steen, CO2e's vice president and transaction specialist, is pleased. "It doesn't matter where in the world that you reduce a metric ton of carbon dioxide," she says. "If you can reduce emissions from what they otherwise would have been, that's a good thing...
...which traded CO2 allowances can change hands immediately. Currently, trading is only in forward contracts, tailored between buyers and sellers for delivery at a future date. Given the stumbling blocks, the fledgling emissions market has yet to achieve much. More than 1 million emissions allowances - each equivalent to one metric ton of CO2 - change hands each week in electronic trading alone, Drummond says. (CO2 is considered the biggest atmosphere offender, but methane, nitrous oxide and three other gases also are due to be traded according to their CO2 equivalents.) Conducted in "clips" of 5,000 metric tons, the typical trade...
...have continued," he says. "But it's not for want of trying." While the A.F.P.'s 25th-anniversary year has been a fast treadmill, the results have continued to come. In Suva, Fijian police, the A.F.P. and other agencies seized chemicals that could have been used to produce a metric ton of crystal methamphetamine; Operation Auxin identified more than 700 Australians suspected of using child pornography online; a joint center for police cooperation was established in Jakarta, and a terrorist plot to disrupt its opening was thwarted. But the modest and diplomatic Keelty deflects praise from himself to those...
...actually has a screwed-up educational system. Having examined the questions of the PISA test used, we are confident that even Brick from Anchorman could have answered them. Some might allege that the use of the confusing and irrational “metric system,” which appeared in many questions, might have been easier for students who know that a centimeter isn’t long and wriggly. Perhaps the use of this metric system helped the Spaniards outpace America’s future—the children are, after all, our future, even if our future can?...