Word: offsets
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...first piece, choreographed by Elizabeth Weil Bergmann and composed by Jody Diamond, featured the distinctly Indonesian sound of the gamelan. The piece began with the eerie resonance of the gamelan instruments vacillating between two notes. The Indonesian-inspired dance was divided into an opening and four subsequent parts strikingly offset by the change in colors of the background. The combination of the skillfully composed gamelan music and visually appealing dancing influenced by South Asian traditions coalesced beautifully together. Some of the dancing, however, seemed to lack the effortless flow and clear-cut motion that is required of such a piece...
...trade is that it may result in a rise in energy prices as carbon becomes more expensive (indeed, making fossil fuels more costly relative to clean renewable fuels is the point). Advocates argue that new green jobs created by acting on climate change will more than offset the price of cap-and-trade and that, in any case, the long-term cost of delaying on global warming will be far worse. But regulating CO2 would presumably also cause energy prices to rise - and if cap-and-trade proves unpopular in Congress, EPA regulation could end up a political loser...
Comments by JP Morgan got to the heart of the issue of why the latest figure is not a bottom. According to MarketWatch the firm said in a note, "The government's rapid easing of credit and rollout of infrastructure projects has bolstered FAI, helping offset decreased investment by export manufacturers and property developers." The US faces the same problem with its stimulus package. If it does not catch hold quickly unemployment, falling housing prices, and lack of access to credit will overwhelm the money being pushed into the economy by the Administration. (See pictures of China's electronic waste...
...since the logging and burning of trees is responsible for a fifth or more of global carbon emissions. The current Kyoto Protocol doesn't address the issue, and many - though not all - environmentalists would like to add avoided deforestation to a new global climate deal, allowing rich countries to offset some of their carbon emissions by paying tropical nations to preserve their forests. Although the idea is a controversial one - Greenpeace released a report in Bonn claiming that avoided deforestation would essentially let rich nations use it as an excuse not to make costlier emission reductions at home - a broad...
...thought, Why not host people in our own apartment?" Gebbia said. "It was a way to make a few extra bucks to offset our already expensive rent." The guys had an extra bed, a sofa and an air mattress and decided to offer, via the conference's website, ad hoc bed-and-breakfast accommodations. Thus was born AirBnB.com They made $1,000 that week and were shocked to find that their customers weren't teenage slackers but were instead older folks, including a 45-year-old father of three. Said Gebbia: "It completely blew away our assumptions...