Word: oslo
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Dates: during 2000-2009
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BEFORE ACCEPTING THE Nobel Peace Prize last month in Oslo, Al Gore called Bert Bolin, in part to thank the trailblazing climatologist for starting the process. In 1959, Bolin told federal scientists that carbon dioxide in the atmosphere would rise 25% from 1850 to 2000. Thirty years later, as the first chairman of the U.N. Intergovernmental Panel on Climate Change--which shared the 2007 Nobel with Gore--Bolin oversaw reports that led to such landmark agreements as the Kyoto Protocol, which called on industrialized nations to reduce greenhouse-gas emissions to 5% below 1990 levels...
...hope those breakthroughs come soon. Another new paper in PNAS underscores just how vital it is to make the transition to low-carbon transport fuels. Scientists at the Center for International Climate and Environmental Research in Oslo quantified the full impact of all our driving, shipping and flying on the climate, and found that transport accounts for around 16% of all man-made carbon emissions - with auto fuel taking the largest chunk. That percentage will only increase over the coming decades - unless we can switch to something cleaner...
...other words, the U.S. wants the new kids on the block to be more like Norway. Oslo's Government Pension Fund-Global, which invests up to 60% of its $353 billion in equities, has money in 3,500 companies around the world, including Google and General Electric. But it owns no more than 1.5% of any single one, and it spells out all its investments in an annual report...
...have enough time? The evening cocktail parties were just getting started in Bali as former Vice President Al Gore was accepting his Nobel Peace Prize in Oslo, thousands of miles away. In his speech, Gore called for bold and immediate action from the negotiators in Bali, including a universal global cap on carbon emissions. "We must quickly mobilize our civilization," he said. "Something basic is wrong. We are wrong and we must make it right...
...SWFs to make public their annual reports, to offer detailed descriptions of their investment philosophies, and to provide assurances that good returns - and not murky foreign-policy objectives - are what's driving them. In other words, it wants the new kids on the block to be more like Norway. Oslo's Government Pension Fund - International, which invests up to 60% of its $353 billion under management in equities, has money in 3,500 companies around the world, including stakes in Google and General Electric. But it owns no more than 1.5% in any single company, and spells...