Word: offsets
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Dates: during 2000-2009
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...farmers. But in all of these cases, the benefits now seem to pale next to the climate change deficits. Fargione points out that if the U.S. managed to use 15 billion gallons of ethanol by 2015 - as is mandated in last year's energy bill - it would still only offset 7% of projected energy demand. That won't put Venezuela or Iran out of business...
...operations. And Mammoth Mountain in California's Sierra Nevada has cut propane use by 70,000 gal. (26,000 L) per year since 2000. "Our resorts are all about people wanting to be outside," says Rob Katz, CEO of Vail Resorts, where 100% of power is offset by wind credits. "We are using this spectacular place, so it's our responsibility to take care...
...home. Many began to grumble about his reform not improving their living conditions fast enough. Complaints arose that his macro-reform was adversely affecting ordinary businessmen and traders. A crackdown on the black market in cigarettes and alcohol left thousands of street vendors without jobs. Growing incomes are offset by rising inflation and these reforms have made many Georgians pay tax and utilities bills in full. The government is also dramatically increasing the defense budget instead of raising pensions. The opposition, represented by nine parties, invoked Saakashvili's increasingly authoritarian style of management...
...same time, auto-parts makers are expected to see profits drop nearly 41%, to about $1 billion in 2007, according to the Conference Board of Canada, a leading economic-research group. Not everyone is equally affected. "You have to be smart to offset the impact of foreign-exchange fluctuations," says Mark Hogan, president of Magna International, based in Aurora, Ont. The $24.2 billion company--a strategic supplier to the world's leading automakers with operations in North America, Europe and Asia--moved more than 300 jobs from Canada to Mexico in the past two years in anticipation of a stronger...
...them to benefit is through carbon-trading systems that include offset payments. These are payments made by those who want to reduce their emissions to others whose efforts, like planting trees, will do it for them. These offsets can now be bought and sold in a global market that seeks out the lowest cost and most efficient ways of reducing CO2 in the atmosphere. In the absence of such payments, the poor of the developing world will have no choice but to exhaust the land and become environmental migrants...